Frances P Bunnelle Foundation

Analysis

Frances P Bunnelle Foundation is a registered charity in United States, based in Pawleys Isl, SC. It received its IRS tax-exemption ruling in June 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frances P Bunnelle Foundation reported income of $1.0m and spending of $3.4m, spending 332% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.0m (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 147% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Frances P Bunnelle Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include United Way of Orange County Inc ($1.0m), Hearts of Gold Inc ($1.0m) and New Horizon Ministries ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. Other salaries and wages came to $440k. At year end it held assets of $43.9m against liabilities of $272k, net assets of $43.6m.