Bace

Analysis

Bace is a registered charity in United States, based in Morton, IL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bace reported income of $127k and spending of $126k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $127k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bace sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Integral Christian Network ($127k), Lit Bible Study ($127k) and Turning Point Ministries Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $18k. At year end it held assets of $306k against liabilities of $3,444, net assets of $303k. It reported 6 employees.