The Better Bridal Group International Inc

Analysis

The Better Bridal Group International Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 2019, 7 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, The Better Bridal Group International Inc reported income of $413k and spending of $372k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $210k to $413k (+97%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Better Bridal Group International Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include American Institute of Floral Designers Foundation Inc ($413k), Providence Union Park Housing Development Fund Company Inc ($413k) and Kutztown Community Library Inc ($413k).

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 $8,000 (2.2% of expenses). At year end it held assets of $421k against liabilities of $0, net assets of $421k.