Buddy Snow Foundation Inc

Analysis

Buddy Snow Foundation Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in December 1995, 31 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 2022, Buddy Snow Foundation Inc reported income of $351k and spending of $221k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $218k to $351k (+61%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Buddy Snow Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Tampa Bay Economic Prosperity Foundation ($351k), Jewish Interest Free Loan of Atlanta Inc ($351k) and Carters Crew ($351k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. At year end it held assets of $312k against liabilities of $0, net assets of $312k. It reported 1 employees.