Blockchain Acceleration Foundation

Analysis

Blockchain Acceleration Foundation is a registered charity in United States, based in Westlake Village, CA. It received its IRS tax-exemption ruling in December 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 (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, Blockchain Acceleration Foundation reported income of $149k and spending of $175k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $236k to $149k (-37%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blockchain Acceleration Foundation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Beacon State Fund ($149k), Rock-It Science Educationally Useful Programs ($149k) and Society of Iranian American Women for Education ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,320 against liabilities of $0, net assets of $6,320.