The corporation is organized and shall be operated exclusively for charitable purposes as set forth in Sectin 501 (c)(3)such as making distributions to organizatons that are recognized as exempt from federal income tax under Code Section 501 (c)(3).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+211.0% YoY
Annual Giving
$600K
+61.4% YoY
Grant Count
32
+88.2% YoY
Avg Grant Size
$19K
-14.3% YoY
About B Charitable Inc
Based on IRS filings
B Charitable Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 32 grants totaling $600K. Net investment income was $37K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,948,518 | $948,212 | $593,326 |
| Revenue | $2,590,220 | $1,117,506 | $1,012,426 |
| Expenses | $744,578 | $768,393 | $720,438 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $37,023 | $115,503 | $36,725 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cahaba Park Church ($244,681), Redeemer Community Church ($38,400), Mountain Brook Community Church ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Mwana Villages US Inc Birmingham, AL | — | $12,500 |
| Cahaba Park Church Birmingham, AL | — | $244,681 |
| African Childrens Mission | — | $10,000 |
| Agape of Central Alabama | — | $6,000 |
| Evangelical Alliance Mission Wheaton, IL | — | $10,000 |
| Big Oak Ranch Inc Gadsden, AL | — | $5,000 |
| Alabama Baptist Childrens Home | — | $10,000 |
| Brookwood Baptist Church | — | $12,041 |
| Cathedral Church of the Advent Birmingham, AL | — | $12,000 |
| Canterbury UMC | — | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles Anderson III | Director | 0.16 | — |
| J Addam Evans | Director | 0.16 | — |
| Andrew A Gearhart | Director | 0.16 | — |
| Jonathan L Shugart | Vice President and Secretary | 0.58 | — |
| Jonathan Shugart Jr | President and Treasurer | 0.58 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is B Charitable Inc?
B Charitable Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $2.9M in total assets as of 2024.
How large is B Charitable Inc?
As of 2024, B Charitable Inc holds $2.9M in total assets with $2.6M in annual revenue. It awarded 32 grants totaling $600K in 2024.
Where does B Charitable Inc operate?
B Charitable Inc has awarded grants in Alabama, California, Illinois, New Hampshire, New Jersey.
What size grants does B Charitable Inc award?
In 2024, B Charitable Inc awarded 32 grants totaling $600K — an average of about $19K per grant, based on its IRS Form 990 filings.
What is B Charitable Inc's EIN?
B Charitable Inc's EIN (Employer Identification Number) is 85-2280049. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in B Charitable Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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