Balanced Almond Inc

Analysis

Balanced Almond Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Balanced Almond Inc reported income of $448k and spending of $376k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $448k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Balanced Almond Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Carolina Wren Press Inc ($448k), Weston Drama Workshop Inc ($448k) and The Museum of Indigenous People Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). Other salaries and wages came to $108k. At year end it held assets of $453k against liabilities of $0, net assets of $453k. It reported 4 employees.