Friends of the BBT

Analysis

Friends of the BBT is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Friends of the BBT reported income of $750k and spending of $463k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $278k to $750k (+170%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 324%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of the BBT sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Congregation Beth-El Sephardiccenter of Jamaica Estates ($750k), Letourneau Christian Center Inc ($750k) and Pacific Cascade Communications Corporation ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $381k against liabilities of $0, net assets of $381k.