# Benjamin M Banks Jr Memorial Foundation

Children's and youth services nonprofit in Beaver Falls, Pennsylvania 15010. EIN 86-2785954. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/862785954-benjamin-m-banks-jr-memorial-foundation

## Mission (the organization's own words)

> Change lives of children through providing financial aid.

Source: Form 990-EZ, year ending Dec 2023: https://projects.propublica.org/nonprofits/organizations/862785954/202431349349204528/full

## IRS facts

- Type: Children's and youth services (IRS activity code P30)
- Tax status: 501(c)(3), contributions deductible, recognized 2021
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2023 | $167,159 | $41,244 | $241,370 | $241,370 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/862785954/202431349349204528/full) |
| Dec 2022 | $94,378 | $2,306 | $99,023 | $99,023 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/862785954/202331229349201883/full) |

Revenue sources, year ending Dec 2023: gifts and grants $124,874, program fees $0, investment income $18,254.

Growth label: **Growing** (about +77% a year, Dec 2022 to Dec 2023). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue $55,056 is in the bottom 10% of 92 children's and youth services nonprofits in Pennsylvania; median $699,417.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Beaver County, Pennsylvania: about 31,517 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 112 youth and community nonprofits in this directory in the county: 3.6 per 1,000 children.
- Licensed programs in Beaver Falls: 6 licensed child care centers: https://backpr.com/find/pennsylvania/beaver-falls
- Pennsylvania rules: https://backpr.com/resources/states/pennsylvania

## Questions

**What is Benjamin M Banks Jr Memorial Foundation's EIN?**

Benjamin M Banks Jr Memorial Foundation's EIN (Employer Identification Number) is 86-2785954. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Benjamin M Banks Jr Memorial Foundation a nonprofit?**

Yes. The IRS lists Benjamin M Banks Jr Memorial Foundation in Beaver Falls, Pennsylvania as tax-exempt under section 501(c)(3), recognized since 2021. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Benjamin M Banks Jr Memorial Foundation tax-deductible?**

Yes, the IRS lists gifts to Benjamin M Banks Jr Memorial Foundation as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Benjamin M Banks Jr Memorial Foundation do?**

In its own words on its Form 990 for the year ending Dec 2023: "Change lives of children through providing financial aid." The IRS classifies it as: Children's and youth services.

**How much money does Benjamin M Banks Jr Memorial Foundation take in?**

For the year ending Dec 2023, Benjamin M Banks Jr Memorial Foundation reported total revenue of $167,159 and total expenses of $41,244 on its Form 990-EZ (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.