Banderas Bay Charities Inc

Analysis

Banderas Bay Charities Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Banderas Bay Charities Inc reported income of $437k and spending of $520k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $610k to $437k (-28%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Banderas Bay Charities Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Teamsters Local 399 Charity Fund ($437k), Rice County Area United Way ($437k) and Jordan Porco Foundation ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.