Amy Bell Charities Inc

Analysis

Amy Bell Charities Inc is a registered charity in United States, based in Midland, 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, Amy Bell Charities Inc reported income of $975k and spending of $401k, leaving 59% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.9m to $975k (-48%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 16% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amy Bell Charities Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Heart of Mercy International Inc ($975k), South Central Regional Library Council ($975k) and Reflections Foundation ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.