Balo USA

Analysis

Balo USA is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Balo USA reported income of $69k and spending of $44k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $69k (+4.2%), an average of +4.2% a year. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Balo USA sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Tabitha Reach Inc ($69k), Community Support Inc ($69k) and Rotary Club of Lebanon NH Charities Inc ($69k).

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 $85k against liabilities of $0, net assets of $85k.