Bi-Bett

Analysis

Bi-Bett is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bi-Bett reported income of $11.2m and spending of $10.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $11.2m (+39%), an average of +8.5% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bi-Bett sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Daily Bread Ministries ($11.2m), Kids Wish Network Inc ($11.2m) and Young Mens Christian Association of Southeast Ventura County ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $358k (3.4% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $12.8m against liabilities of $2.8m, net assets of $10.0m. It reported 163 employees.