Overview
What is B Charitable Inc?
B Charitable Inc is a 501(c)(3) nonprofit organization, headquartered in Birmingham, Alabama, specifically at 412 Cliff Place. Their primary objective is to support charitable causes by granting funds to public charities, religious organizations, and private operating foundations. The organization's operations are strictly focused on furthering charitable purposes, as stipulated in Section 501(c)(3) of the federal tax code. To date, B Charitable Inc has disbursed over $115,000 in aid towards these recognized exempt organizations.
Is B Charitable Inc legitimate?
B Charitable Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. B Charitable Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of B Charitable Inc?
B Charitable Inc is structured to operate solely for charitable purposes, as per Section 501(c)(3) of the federal tax code. Its mission is to facilitate and enhance individual contributions towards charitable organizations. The corporation has granted over $115,000 to various public charities, religious organizations, and private operating foundations, furthering their charitable objectives. The primary focus of B Charitable Inc is to support organizations recognized as exempt from federal income tax under Section 501(c)(3).
Who is the CEO of B Charitable Inc?
Unavailable
What is the revenue of B Charitable Inc?
B Charitable Inc's revenue in 2022 was $1,012,426.
Who are the executives of B Charitable Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for B Charitable Inc?
B Charitable Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of B Charitable Inc
B Charitable Inc, as a charity organization, is structured and operated with the primary objective of serving charitable purposes, falling under Section 501(c)(3) of the federal tax code. This means that the corporation is dedicated to making contributions to organizations that have been recognized as exempt from federal income tax under the same section. The primary mission of B Charitable Inc is to facilitate and boost individual support for various charitable organizations. As a result, they have granted over $115,000 to a diverse range of public charities, religious organizations, and private operating foundations. By doing so, B Charitable Inc plays a crucial role in strengthening the charitable sector and promoting the sharing of resources among nonprofit organizations.
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Impact
July, 2024
The impact of B Charitable Inc includes facilitating and increasing individual support for charitable organizations. They have granted over $115,000 to various public charities, religious organizations, and private operating foundations. This demonstrates their commitment to supporting and enhancing the work of organizations that are recognized as exempt from federal income tax under Code Section 501(c)(3). Their philanthropic efforts in Birmingham, AL, are making a significant difference in the community by providing financial assistance to those in need.
This information is meant to be a general summary of B Charitable Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $36,725
- Gross Receipts: $1,168,657
Assets and Liabilities:
- Total Assets: $593,326
- Total Liabilities: $42
- Net Assets: $593,284
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Organization Details
Founding Year
2020
Main Address
412 Cliff Place, Birmingham, AL, 35209
NTEE Category
Code: T30 - Philanthropy
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