Bcap Build America Association Corp

Analysis

Bcap Build America Association Corp is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in September 2014, 12 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, Bcap Build America Association Corp reported income of $960k and spending of $674k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $960k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bcap Build America Association Corp sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Junior League of Richmond Virginia ($959k), Northwest California Resource Conservation & Development Council ($960k) and St Charles Business Alliance Inc ($959k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $444k. At year end it held assets of $1.2m against liabilities of $179k, net assets of $1.0m. It reported 16 employees.