Ballinger Cares Inc

Analysis

Ballinger Cares Inc is a registered charity in United States, based in Ballinger, TX. It received its IRS tax-exemption ruling in September 2021, 5 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, Ballinger Cares Inc reported income of $173k and spending of $61k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $173k (-7.2%), an average of -7.2% a year. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ballinger Cares Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Royal Promise ($173k), Waite Hill Village Foundation ($173k) and Al Jariya Corporation ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 3.5% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.