Better Business Bureau Serving the Pacific Southwest Foundation

Analysis

Better Business Bureau Serving the Pacific Southwest Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Better Business Bureau Serving the Pacific Southwest Foundation reported income of $588k and spending of $626k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $588k (+281%), an average of +281% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Better Business Bureau Serving the Pacific Southwest Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Montgomery Theater Inc ($588k), Noah Webster House Inc ($588k) and Wild Up ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $40k (6.4% of expenses). Other salaries and wages came to $278k. At year end it held assets of $202k against liabilities of $157k, net assets of $45k. It reported 2 employees.