Better Business Bureau Consumer Education Fund Inc

Analysis

Better Business Bureau Consumer Education Fund Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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, Better Business Bureau Consumer Education Fund Inc reported income of $203k and spending of $110k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $638k to $203k (-68%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Better Business Bureau Consumer Education Fund Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Walpole Village School ($203k), Mt Zion - Female Union Band Historic Memorial Park Inc ($203k) and Unity Club Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 20% of the total. Other salaries and wages came to $18k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.