Butterfly Collaborative

Analysis

Butterfly Collaborative is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Butterfly Collaborative reported income of $108k and spending of $92k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $108k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Butterfly Collaborative sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Enhancing Skills for Life ($108k), Little Meadows Volunteer Fire Company and Rescue Squad ($108k) and Salt Block Ministries ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.