Becoming Foundation Inc

Analysis

Becoming Foundation Inc is a registered charity in United States, based in Danville, PA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Becoming Foundation Inc reported income of $421k and spending of $379k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $330k to $421k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Becoming Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include American Friends of Tiferet David-Ostrova Inc ($421k), Shri Shirdi Saibaba Temple of Rockies ($421k) and Youth with a Mission Mendocino Coast ($421k).

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 $128k (34% of expenses). Other salaries and wages came to $100. At year end it held assets of $176k against liabilities of $4,998, net assets of $171k.