Bionexus Foundation Inc

Analysis

Bionexus Foundation Inc is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bionexus Foundation Inc reported income of $12.0m and spending of $3.1m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $38.8m to $12.0m (-69%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 271%. Over the whole period it spent 9.3% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bionexus Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Historic Hudson Valley ($12.0m), Settlement Music School of Philadelphia ($12.1m) and Holocaust Museum LA ($12.0m).

At year end it held assets of $299.6m against liabilities of $2.0m, net assets of $297.6m.