Bccap-Sh Inc

Analysis

Bccap-Sh Inc is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Bccap-Sh Inc reported income of $508k and spending of $672k, spending 132% of what it took in. Across the 6 years on record, from February 2019 to February 2024, income grew from $423k to $508k (+20%), an average of +3.7% a year. The sharpest change came in the year to February 2020, when income rose by 17%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bccap-Sh Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Promise Cares ($508k), Community Bible Community Development Corporation ($508k) and Ruths House of Hope ($508k).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $2.7m against liabilities of $5.5m, net assets of -$2.8m. It reported 66 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.