Startup Bucks Inc

Analysis

Startup Bucks Inc is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Startup Bucks Inc reported income of $134k and spending of $150k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $134k (+2.4%), an average of +2.4% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Startup Bucks Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Missouri Big Irons ($134k), Haryana Mission ($134k) and The Reed Center for Ecosystem Reintegration ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.