Beau Biden Foundation for the Protection of Children Inc

Analysis

Beau Biden Foundation for the Protection of Children Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, 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, Beau Biden Foundation for the Protection of Children Inc reported income of $830k and spending of $1.5m, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $884k to $830k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income rose by 342%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beau Biden Foundation for the Protection of Children Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within DE. Charities of a similar size with the same main cause include Samaritan Car Clinic Inc ($830k), Cobleskill Campus Child Care Center Inc ($830k) and Human Necessity Foundation ($830k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $165k (11% of expenses). Other salaries and wages came to $323k. At year end it held assets of $2.8m against liabilities of $9,635, net assets of $2.7m. It reported 8 employees.