Byp100 Education Fund

Analysis

Byp100 Education Fund is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Byp100 Education Fund reported income of $4.1m and spending of $2.3m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $4.1m (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 281%. Over the whole period it spent 45% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Byp100 Education Fund sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Initiating Change in Our Neighborhoods Community Dev Corp ($4.0m), Fairness Center Inc ($4.1m) and Friends of the Children New York ($4.0m).

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 $229k (10% of expenses). Other salaries and wages came to $489k. At year end it held assets of $16.2m against liabilities of $14k, net assets of $16.2m. It reported 15 employees.