Bni Foundation Worldwide Inc

Analysis

Bni Foundation Worldwide Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bni Foundation Worldwide Inc reported income of $173k and spending of $204k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $511k to $173k (-66%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bni Foundation Worldwide Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Shader Croft School Inc ($173k), University of Cologne New York Office Corp ($173k) and E Rivers Education Foundation Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m.