Bismack Biyombo Foundation Inc

Analysis

Bismack Biyombo Foundation Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bismack Biyombo Foundation Inc reported income of $303k and spending of $191k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $303k (+921%), an average of +79% a year. The sharpest change came in the year to December 2020, when income rose by 871%. Over the whole period it spent 130% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bismack Biyombo Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Young Scientists of SC ($303k), Family Career and Community Leaders of America Inc ($303k) and South Central Educational Development ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $35k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 1 employees.