BMS Building Corporation

Analysis

BMS Building Corporation is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, BMS Building Corporation reported income of $360k and spending of $358k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $356k to $360k (+1.1%), an average of +0.3% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, BMS Building Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Christian Core Academy Fort Collins ($360k), Utah Scholarship Foundation ($360k) and GLD Housing Inc ($360k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $2.6m against liabilities of $4.1m, net assets of -$1.6m.