Bopic

Analysis

Bopic is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2022, Bopic reported income of $101k and spending of $112k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $151k to $101k (-33%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bopic sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Beacon Incorporated ($101k), Our Daily Bread Ministries ($101k) and Little Wheats Inc ($101k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $43k. At year end it held assets of $71k against liabilities of $88k, net assets of -$17k. It reported 18 employees.