Better Business Bureau Consumer Education Foundation

Analysis

Better Business Bureau Consumer Education Foundation is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 1977, 49 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 Foundation reported income of $259k and spending of $152k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $259k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 72% 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 Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($259k), Boys and Girls Club of San Benito Inc ($259k) and Moab Public Radio Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 47% of the total. At year end it held assets of $130k against liabilities of $1,500, net assets of $128k.