Bhfa Scholarship Fund Inc

Analysis

Bhfa Scholarship Fund Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bhfa Scholarship Fund Inc reported income of $89k and spending of $53k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $89k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bhfa Scholarship Fund 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 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Parent Teacher Organization PTO Main Elementary ($89k), School District 158 Foundation Inc ($89k) and Ridge Hsa Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.