Best Day Foundation

Analysis

Best Day Foundation is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Best Day Foundation reported income of $241k and spending of $107k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $241k (+261%), an average of +261% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 44% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Best Day Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Inspire Equine Therapy Program ($241k), Northstar Soccer Ministries ($241k) and North Fork United Soccer Club ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.