The Biden Foundation
EIN: 811329470 · Washington, DC · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $2.1M |
Is The Biden Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Biden Foundation
The Biden Foundation (EIN: 811329470) is a nonprofit organization based in Washington, DC, classified under NTEE code A54. The organization reported total revenue of $10K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Biden Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Biden Foundation is a micro nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2016–2020). Revenue has grown at a compound annual rate of -76.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-2,090,520 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -20288.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2020, The Biden Foundation reported a deficit of $2.1M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2016–2020), The Biden Foundation's revenue has declined at a compound annual growth rate (CAGR) of -76.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -96.9% | +6.7% | -100.0% |
| 2019 | -89.9% | -43.5% | -45.2% |
| 2018 | +2.3% | +36.6% | -4.7% |
| 2017 | -5.2% | +1561.3% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Biden Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Biden Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.1M, with expenses exceeding revenue.
Frequently Asked Questions about The Biden Foundation
Is The Biden Foundation a legitimate charity?
The Biden Foundation (EIN: 811329470) is a registered tax-exempt nonprofit based in Washington DC. It has 5 years of IRS 990 filings on record. Total revenue: $10K. No red flags identified. Financial health grade: C.
How does The Biden Foundation spend its money?
The Biden Foundation reported $10K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Biden Foundation tax-deductible?
The Biden Foundation is registered as a tax-exempt nonprofit (EIN: 811329470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Biden Foundation located?
The Biden Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 811329470. It is classified under NTEE code A54.
How many years of IRS 990 filings does The Biden Foundation have?
The Biden Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10K in total revenue.
Filing History
IRS 990 filing history for The Biden Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2020), The Biden Foundation's revenue has declined by 99.7%, moving from $3.4M to $10K. Total assets decreased by 100% over the same period, from $3.3M to $0. Total functional expenses rose by 1266.8%, from $154K to $2.1M. In its most recent filing year (2020), The Biden Foundation reported a deficit of $2.1M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $10K | $2.1M | $0 | $0 | — | View 990 |
| 2019 | $334K | $2.0M | $2.1M | $4K | — | View 990 |
| 2018 | $3.3M | $3.5M | $3.8M | $96K | — | View 990 |
| 2017 | $3.2M | $2.6M | $4.0M | $92K | — | View 990 |
| 2016 | $3.4M | $154K | $3.3M | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $10K, expenses of $2.1M, and assets of $0 (revenue -96.9% year-over-year).
- 2019: Revenue of $334K, expenses of $2.0M, and assets of $2.1M (revenue -89.9% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.5M, and assets of $3.8M (revenue +2.3% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.6M, and assets of $4.0M (revenue -5.2% year-over-year).
- 2016: Revenue of $3.4M, expenses of $154K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Biden Foundation:
Data Sources and Methodology
This transparency report for The Biden Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.