Little Buns Inc 2

Analysis

Little Buns Inc 2 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Little Buns Inc 2 reported income of $2.2m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.2m (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Buns Inc 2 sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Delco Child Day Care Asso ($2.2m), Revive Center for Housing and Healing ($2.2m) and Girls Incorporated of San Antonio ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (2.8% of expenses). Other salaries and wages came to $78k. At year end it held assets of $172k against liabilities of $136k, net assets of $36k. It reported 8 employees.