BMLC Inc

Analysis

BMLC Inc is a registered charity in United States, based in Yuba City, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, BMLC Inc reported income of $137k and spending of $222k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $137k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, BMLC Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Wrangell Mountains Center ($137k), Human Resource Opportunities Inc ($137k) and Chincoteague Natural History Association Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% of the total. At year end it held assets of $491k against liabilities of $0, net assets of $491k.