Building Futures II Inc

Analysis

Building Futures II Inc is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Building Futures II Inc reported income of $56k and spending of $76k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $49k to $56k (+13%), an average of +3.2% a year. Over the whole period it spent 137% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Building Futures II Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include Hope Foundation ($56k), Aarons Gift ($56k) and Henry Aucoin Foundation ($56k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $14k. At year end it held assets of $301k against liabilities of $9,572, net assets of $292k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.