BELLSOUTH CORPORATION RFA LIFE VEBA TRUST
DALLAS, TX 75202 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $48,034,508 | $87,522,852 | $784,322,229 |
| FY2023 | $172,806,030 | $63,963,254 | $1,111,456,172 |
| FY2022 | $34,478,913 | $64,999,364 | $1,263,807,836 |
| FY2021 | $70,772,306 | $79,934,912 | $1,547,527,292 |
| FY2020 | $69,983,450 | $74,427,343 | $1,539,486,234 |
| FY2019 | $232,669,614 | $67,914,385 | $1,444,603,034 |
| FY2018 | $66,393,377 | $68,378,084 | $1,271,260,581 |
| FY2017 | $42,598,030 | $63,633,600 | $1,455,516,804 |
| FY2016 | $19,110,333 | $68,456,496 | $1,267,520,961 |
| FY2015 | $71,373,295 | $64,707,898 | $1,246,356,922 |
| FY2014 | $38,225,783 | $63,272,880 | $1,334,182,621 |
| FY2013 | $56,885,411 | $55,320,007 | $1,343,692,461 |
| FY2012 | $54,923,700 | $28,036,725 | $1,173,062,190 |
| FY2011 | $48,643,254 | $20,028,582 | $1,055,109,464 |
What the numbers show
- Net assets covered about 107.5 months of expenses at the end of the reporting year.
- Total revenue fell from $48,643,254 in FY2011 to $48,034,508 in FY2024, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2014, FY2016, FY2017, FY2018, FY2020, FY2021, FY2022, FY2024).
- The highest revenue on record here is $232,669,614 in FY2019.
- Net assets declined from $1,055,109,464 to $784,322,229 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO FUND BENEFIT EXPENSES
IRS status
| Ruling year | 1990 |
| Subsection | 501(c)(9) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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