Ball Ventures Legacy Foundation Inc

Analysis

Ball Ventures Legacy Foundation Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Ball Ventures Legacy Foundation Inc reported income of $95k and spending of $76k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $95k (+190%), an average of +190% a year. The sharpest change came in the year to December 2023, when income rose by 190%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ball Ventures Legacy Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within ID. Charities of a similar size with the same main cause include Village Bloom Foundation ($95k), Paper Machete Group Inc NFP ($95k) and Pilgrimage Historical Association ($94k).

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 $51k against liabilities of $0, net assets of $51k.