The Bisbee Foundation Inc

Analysis

The Bisbee Foundation Inc is a registered charity in United States, based in Bisbee, AZ. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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, The Bisbee Foundation Inc reported income of $223k and spending of $93k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $223k (+196%), an average of +196% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bisbee Foundation Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include Heritage Youth Services Inc ($223k), Association of Fundraising Professionals ($223k) and Meeting Professionals International ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.