Bio-Link Depot Inc

Analysis

Bio-Link Depot Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bio-Link Depot Inc reported income of $408k and spending of $1.3m, spending 321% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $2.0m to $408k (-79%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bio-Link Depot Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Tears ($408k), Woodside School and Community Resource Center ($408k) and Newport Heights Elementary Foundation ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (9.1% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.1m against liabilities of -$558, net assets of $1.1m. It reported 6 employees.