BVK Inc

Analysis

BVK Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in April 2001, 25 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 (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 2024, BVK Inc reported income of $339k and spending of $252k, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $326k to $339k (+3.9%), an average of +0.8% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, BVK Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Caring Plus Home Services Inc ($339k), Livingston Manor Senior Apartments Inc ($339k) and Mattoon Area Pads Community Organization ($339k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $5.2m against liabilities of $925k, net assets of $4.3m.