Bcda Inc

Analysis

Bcda Inc is a registered charity in United States, based in Albion, NE. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bcda Inc reported income of $187k and spending of $227k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $187k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bcda Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Opportunity Center Inc ($187k), Harmony Villa Inc ($188k) and Academywomen ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $65k (29% of expenses). Other salaries and wages came to $20k. At year end it held assets of $942k against liabilities of $542k, net assets of $400k. It reported 1 employees.