Bonny Lea Charitable Foundation

Analysis

Bonny Lea Charitable Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Bonny Lea Charitable Foundation reported income of $125k and spending of $429k, spending 344% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $125k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bonny Lea Charitable Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile. Charities of a similar size with the same main cause include Ed Walsh Foundation ($125k), Donut Dash ($125k) and Autograph Basketballs for Community Service Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 22% of the total. At year end it held assets of $2.0m against liabilities of $30k, net assets of $2.0m.