Bcec Inc

Analysis

Bcec Inc is a registered charity in United States, based in Hastings, MI. It received its IRS tax-exemption ruling in February 2013, 13 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bcec Inc reported income of $111k and spending of $279k, spending 252% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $308k to $111k (-64%), an average of -23% a year. The sharpest change came in the year to June 2020, when income rose by 222%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bcec Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Proteus Syndrome Foundation ($111k), Ashdod Maercaz Chinuch Inc ($111k) and Sequim Sunrise Rotary Foundation ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 55% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.7m against liabilities of $224k, net assets of $2.5m.