BFRC Associate Assistance Fund Inc

Analysis

BFRC Associate Assistance Fund Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BFRC Associate Assistance Fund Inc reported income of $335k and spending of $393k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $335k (-72%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, BFRC Associate Assistance Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include James and Lynn Wojtyto Charitable Fund ($335k), Hunterdon Youth Services Inc ($335k) and Flushing Senior Citizens Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.