Babies Need Bottoms Inc

Analysis

Babies Need Bottoms Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Babies Need Bottoms Inc reported income of $540k and spending of $436k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.0m to $540k (-47%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 80%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Babies Need Bottoms Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Generations Family Services Inc ($540k), Project by Project ($540k) and Twin Ports Guardianship & Payee Services Inc ($540k).

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 $59k (14% of expenses). At year end it held assets of $366k against liabilities of $1,506, net assets of $365k. It reported 2 employees.