Benefit Others Foundation

Analysis

Benefit Others Foundation is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Benefit Others Foundation reported income of $151k and spending of $195k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $151k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Benefit Others Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within CT. Charities of a similar size with the same main cause include Clayton Valley-Concord Sunrise Rotary Charitable Fund Inc ($151k), It Takes a Village Chicago Inc ($151k) and Noblesville Boys & Girls Club Auxiliar Inc ($151k).

At year end it held assets of $30k against liabilities of $0, net assets of $30k.