Better Business Bureau of Central California Foundation

Analysis

Better Business Bureau of Central California Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Better Business Bureau of Central California Foundation reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-19%), an average of -5.0% a year. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Better Business Bureau of Central California Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Community Service Solutions ($1.0m), Downtown Toledo Improvement District ($1.0m) and Fulton County Center for Regional Growth Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (9.5% of expenses). Other salaries and wages came to $608k. At year end it held assets of $401k against liabilities of $297k, net assets of $104k.