BVM Foundation 083115

Analysis

BVM Foundation 083115 is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, BVM Foundation 083115 reported income of $202k and spending of $182k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $202k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, BVM Foundation 083115 sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include St Louis Endowment Fund Inc ($202k), Mobile Law Enforcement Foundation Inc ($202k) and Fort Myers Rotary 05202010 TR Fund ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $2,500 (1.4% of expenses). At year end it held assets of $675k against liabilities of $366k, net assets of $309k.