Bci Inc

Analysis

Bci Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Bci Inc reported income of $2.3m and spending of $2.6m, spending 111% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.3m to $2.3m (+74%), an average of +15% a year. The sharpest change came in the year to July 2021, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bci Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Holy Trinity Montessori ($2.3m), Valley Inquiry Charter School ($2.3m) and Project Most Inc ($2.3m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $334k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $933k against liabilities of $150k, net assets of $783k. It reported 29 employees.