Bandimere Family Foundation

Analysis

Bandimere Family Foundation is a registered charity in United States, based in Morrison, CO. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bandimere Family Foundation reported income of $206k and spending of $223k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $206k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bandimere Family Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Luke 4 18 Ministries ($206k), Jewish Studies Foundation Inc ($206k) and Lighthouse Worship Center Churches ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $320k against liabilities of $21k, net assets of $298k.