BCS Foundation Inc

Analysis

BCS Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BCS Foundation Inc reported income of $147k and spending of $55k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $540k to $147k (-73%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. 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, BCS Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Crystal Lake Strikers Drumline Inc NFP ($147k), Society of St Vincent de Paul SS Peter and Paul the Apostles Confer ($147k) and Scenic City Womens Network Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 15% of the total. Other salaries and wages came to $20k. At year end it held assets of $945k against liabilities of $0, net assets of $945k. It reported 14 employees.