Better Business Bureau Serving Northern Co and Wy Foundation

Analysis

Better Business Bureau Serving Northern Co and Wy Foundation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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 March 2023, Better Business Bureau Serving Northern Co and Wy Foundation reported income of $298k and spending of $269k, spending 90% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $253k to $298k (+18%), an average of +4.2% a year. The sharpest change came in the year to March 2020, when income rose by 30%. Over the whole period it spent 87% 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 Serving Northern Co and Wy Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Amherst Community Television Inc ($298k), Paulding County Economic Development Office ($298k) and Paso Robles Rotary Services Inc ($298k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 76% and program service revenue 2.5% of the total. Other salaries and wages came to $167k. At year end it held assets of $1.4m against liabilities of $864k, net assets of $524k.