Ballyneal Foundation

Analysis

Ballyneal Foundation is a registered charity in United States, based in Holyoke, CO. It received its IRS tax-exemption ruling in March 2019, 7 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, Ballyneal Foundation reported income of $258k and spending of $99k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $258k (+12%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ballyneal Foundation 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 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Roseville Community Pre School Inc ($258k), Illinois School Counselor Association ($258k) and Common Grace ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $678k against liabilities of $0, net assets of $678k.