Big River Steel Cares Inc

Analysis

Big River Steel Cares Inc is a registered charity in United States, based in Osceola, AR. It received its IRS tax-exemption ruling in December 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 (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, Big River Steel Cares Inc reported income of $55k and spending of $38k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $55k (-1.4%), an average of -1.4% a year. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Big River Steel Cares Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AR. Charities of a similar size with the same main cause include Friends of the Kenosha Museum Inc ($55k), The Josiah Foundation ($55k) and Bethesda Chevy Chase Rotary Club Foundation Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.