Bill Payment Support Services
Analysis
Bill Payment Support Services is a registered charity in United States, based in Andover, MN. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Bill Payment Support Services reported income of $434k and spending of $470k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $397k to $434k (+9.3%), an average of +2.2% a year. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bill Payment Support Services sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Salaam Cultural Center ($434k), Honor Flight Nevada ($434k) and Village Hands and Hearts ($434k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $276k (59% of expenses). Other salaries and wages came to $57k. At year end it held assets of $189k against liabilities of $0, net assets of $189k. It reported 4 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.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salaam Cultural Center | Minneapolis | $434k |
| Honor Flight Nevada | Washoe Valley | $434k |
| Village Hands and Hearts | Duncanville | $434k |
| Elk Haven Foundation | St Marys | $434k |