Bizfed Institute

Analysis

Bizfed Institute is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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, Bizfed Institute reported income of $540k and spending of $498k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $540k (+136%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bizfed Institute sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Society of Plastics Engineers ($540k), Vanden Viking Bingo Boosters ($540k) and Hlba Sports Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $317k. At year end it held assets of $234k against liabilities of $118k, net assets of $116k.