Bountiful American Foundation Inc

Analysis

Bountiful American Foundation Inc is a registered charity in United States, based in Adams, TN. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bountiful American Foundation Inc reported income of $205k and spending of $211k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $410k to $205k (-50%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bountiful American Foundation Inc 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 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include DSM Mutual Aid ($205k), Marriage Missionaries ($205k) and Valverde Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.