Golden Bears Foundation Inc

Analysis

Golden Bears Foundation Inc is a registered charity in United States, based in Fairfield, AL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golden Bears Foundation Inc reported income of $130k and spending of $76k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $130k (+4.0%), an average of +4.0% a year. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Bears Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AL. Charities of a similar size with the same main cause include The Learning Tree Inc ($130k), Read2win Inc ($130k) and Joe a Gonzalez-Jag-Education Is Our Freedom Ged Scholarship Program ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.