Bellas Buddies Inc

Analysis

Bellas Buddies Inc is a registered charity in United States, based in Mineral, VA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Bellas Buddies Inc reported income of $71k and spending of $229k, spending 324% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $248k to $71k (-72%), an average of -34% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 70% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Bellas Buddies Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Cat Canton Rescue Inc ($71k), Jackson Day Foundation ($71k) and Off the Rocks Animal Rescue Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $246k against liabilities of $0, net assets of $246k. It reported 8 employees.