Better Business Bureau Foundation of El Paso

Analysis

Better Business Bureau Foundation of El Paso is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Foundation of El Paso reported income of $909k and spending of $848k, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $115k to $909k (+693%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 803%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Better Business Bureau Foundation of El Paso sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Horizons Christian Academy ($907k), Children First Learning Center Foundation ($909k) and Inspiritus Community Health Foundation ($907k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $40k (4.8% of expenses). Other salaries and wages came to $35k. At year end it held assets of $613k against liabilities of $604k, net assets of $9,753.