Bucks County Biotechnology Center Inc

Analysis

Bucks County Biotechnology Center Inc is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Bucks County Biotechnology Center Inc reported income of $8.5m and spending of $4.5m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $8.5m (+310%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 206%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bucks County Biotechnology Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Working Partnerships USA ($8.5m), Riverbend Merrimack Valley Inc ($8.5m) and Heartline Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $38.0m against liabilities of $23.8m, net assets of $14.2m.