B Charitable Inc is a 501(c)(3) organization based in Birmingham, Alabama, registered in 2020, with $2,590,220 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.6M
▲ 131.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$745K
Net assets
$2.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for B Charitable Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For B Charitable Inc: 48 mo reserves · +71% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for B Charitable Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For B Charitable Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $424K (FY2021) to $2.6M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
71.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$0
Net assets
$2.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,590,220▲132% | $744,578▼3.1% | $2,948,518▲213% | $2,948,518▲211% | 990 |
| 2023 | $1,117,506▲10.4% | $768,393▲6.7% | $942,397▲58.8% | $948,212▲59.8% | 990 |
| 2022 | $1,012,426▲139% | $720,438▲459% | $593,284▲96.9% | $593,326▲96.9% | 990 |
| 2021 | $423,597 | $128,988 | $301,296 | $301,296 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
6 grants to B Charitable Inc totaling $641K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Giving and generosity | 2024 | $26,655 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $9,474 |
| National Christian Charitable Foundation | Support | 2023 | $212,726 |
| National Christian Charitable Foundation | Support | 2022 | $45,929 |
| National Christian Charitable Foundation | Support | 2022 | $45,929 |
| Impactassets Inc | General support | 2021 | $300,000 |
Explore more
Data for B Charitable Inc (EIN 85-2280049) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.