BSF Global Impact Corp

Analysis

BSF Global Impact Corp is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, BSF Global Impact Corp reported income of $1.1m and spending of $185k, leaving 84% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.2m to $1.1m (-73%), an average of -28% a year. The sharpest change came in the year to August 2021, when income rose by 90%. Over the whole period it spent 17% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, BSF Global Impact Corp sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Cedar Bay Camp and Retreat Center Inc ($1.1m), Cornerstone Outreach Ministries Inc ($1.1m) and Asha Partners ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $36.4m against liabilities of $3,000, net assets of $36.4m.