Family Biz Builder

Analysis

Family Biz Builder is a registered charity in United States, based in Tunica, MS. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Family Biz Builder reported income of $106k and spending of $115k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $106k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Biz Builder sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within MS. Charities of a similar size with the same main cause include Glide Booster Club ($106k), Wildflower Foundation ($106k) and William Peace University Foundation ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $14k (13% of expenses). At year end it held assets of $43k against liabilities of $9,131, net assets of $34k.