BSG Events Inc

Analysis

BSG Events Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in May 2012, 14 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, BSG Events Inc reported income of $68k and spending of $3,289, leaving 95% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $3,536 to $68k (+1812%), an average of +337% a year. The sharpest change came in the year to December 2022, when income rose by 920%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, BSG Events Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Columbia Jewish Foundation Inc ($68k), Bruning Community Foundation Inc ($68k) and Jersey City Fire Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.