Every Bottom Covered Inc

Analysis

Every Bottom Covered Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Every Bottom Covered Inc reported income of $356k and spending of $416k, spending 117% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Every Bottom Covered Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Sherman Volunteer Fire Dept ($356k), Buffalo Valley Youth Association ($356k) and Ellicott City Historic District Partnership Incorporated ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $23k (5.5% of expenses). Other salaries and wages came to $27k. At year end it held assets of $139k against liabilities of $8,223, net assets of $130k. It reported 4 employees.