FBT for a Brighter Tomorrow Charitable Fund Inc

Analysis

FBT for a Brighter Tomorrow Charitable Fund Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, FBT for a Brighter Tomorrow Charitable Fund Inc reported income of $105k and spending of $92k, spending 87% of its income. The sharpest change came in the year to December 2021, when income rose by 563%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, FBT for a Brighter Tomorrow Charitable Fund Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include The Abana Foundation ($105k), Heart for Uganda ($105k) and Miracle Michael Fund ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.