A Bed 4 Me Foundation

Analysis

A Bed 4 Me Foundation is a registered charity in United States, based in Valparaiso, FL. It received its IRS tax-exemption ruling in January 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, A Bed 4 Me Foundation reported income of $268k and spending of $189k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $268k (+31%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Bed 4 Me Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Metrowest Womens Fund Inc ($268k), Fly Brave Foundation ($268k) and St Mary Coptic Community Center ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $45k (24% of expenses). Other salaries and wages came to $19k. At year end it held assets of $286k against liabilities of $2,863, net assets of $283k. It reported 2 employees.