Bessie Green Community Inc

Analysis

Bessie Green Community Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bessie Green Community Inc reported income of $322k and spending of $430k, spending 134% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $224k to $322k (+44%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 297%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bessie Green Community Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Reiser Relief ($322k), Gratitude Generation Inc ($322k) and Ahmaud Arbery Foundation ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (17% of expenses). Other salaries and wages came to $43k. At year end it held assets of $143k against liabilities of $23k, net assets of $120k. It reported 7 employees.