Bba Foundation of Memphis Inc

Analysis

Bba Foundation of Memphis Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bba Foundation of Memphis Inc reported income of $75k and spending of $17k, leaving 78% of income unspent that year. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bba Foundation of Memphis Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Love Ministries International Inc ($75k), El Faro Aid for Hope ($75k) and Womens Faith Circle Legal Services Inc ($75k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.