BGC Foundation for Research and Education Inc

Analysis

BGC Foundation for Research and Education Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, BGC Foundation for Research and Education Inc reported income of $158k and spending of $86k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $158k (-23%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, BGC Foundation for Research and Education Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include National Federation of the Blind of South Carolina ($158k), Pituitary World News ($158k) and All Eagles Oscar Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 207% of the total. At year end it held assets of $467k against liabilities of $37, net assets of $467k.