BFG Community Foundation Inc

Analysis

BFG Community Foundation Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, BFG Community Foundation Inc reported income of $210k and spending of $223k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $210k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, BFG Community Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Havelock Pregnancy Resource Center ($210k), Living Legends Foundation ($210k) and Rykers Rainbow ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $75k. At year end it held assets of $530k against liabilities of $36k, net assets of $493k. It reported 2 employees.