Biberaj Foundation Inc

Analysis

Biberaj Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 (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, Biberaj Foundation Inc reported income of $247k and spending of $518k, spending 210% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $684k to $247k (-64%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Biberaj Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include South Central Iowa Independent Living Center Inc ($247k), Rhode Island Instructional Leadership Academy ($247k) and Ilio Dipaolo Scholarship Fund Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $2.7m against liabilities of $1.2m, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.