TPhilanthropy, Voluntarism & GrantmakingEIN: 562206524· Ruling Year: 2001

Balmer Foundation Inc

Spartanburg, South Carolina

B-Health Score
52B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

How This Organization Compares

Compared to 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

💰
$887K
Total Revenue
📊
$5.5M
Total Expenses
🏦
$33.0M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+440.1%
Year-over-year change (2022 → 2023)
Net Margin
-519.1%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$886,764440%$5,489,806321%$33,042,5274%
2022$164,19075%$1,302,90963%$34,371,14815%
2021$665,68686%$798,75960%$40,500,3508%
2020$4,737,675317%$1,982,44418%$37,372,26322%
2019$1,136,17544%$2,410,8188%$30,719,06610%
2018$2,042,36474%$2,623,284175%$27,837,5999%
2017$7,851,17461%$953,75518%$30,578,19545%
2016$20,364,72891222%$1,168,7673203%$21,041,4241564%
2015$22,30019%$35,38630%$1,264,3365%
2014$27,37735%$27,14379%$1,327,2121%
2013$41,81651%$126,41054%$1,309,4793%
2012$27,63811%$81,92184%$1,270,6775%
2011$24,855$512,762$1,211,525

Frequently Asked Questions

What does Balmer Foundation Inc do?

Balmer Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in South Carolina. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Balmer Foundation Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Balmer Foundation Inc.

How much revenue does Balmer Foundation Inc generate?

Balmer Foundation Inc reports $621K in annual revenue and holds $32.6M in total assets, based on IRS filings.

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