B More Incorporated

Analysis

B More Incorporated is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, B More Incorporated reported income of $342k and spending of $207k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $342k (-82%), an average of -43% a year. The sharpest change came in the year to December 2022, when income rose by 490%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, B More Incorporated sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include WSCHC Support Corporation ($342k), St Josephs Retirement Community Foundation ($342k) and A Peace of Mind Sober Living ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.