Bellport Village Program Fund Inc

Analysis

Bellport Village Program Fund Inc is a registered charity in United States, based in Bellport, NY. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bellport Village Program Fund Inc reported income of $84k and spending of $105k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $84k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 127% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bellport Village Program Fund Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Thibodaux Main Street Inc ($84k), Future Fort Pierre ($84k) and Union Street Corridor Community Development Corporation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.