Biowell Inc

Analysis

Biowell Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Biowell Inc reported income of $148k and spending of $132k, spending 89% of its income. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Biowell Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Izaak Walton League of America Inc ($148k), Salt Ponds Coalition Inc ($148k) and Waste Loop ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $500, net assets of $16k.