Annapolis BCM Foundation Inc

Analysis

Annapolis BCM Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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, Annapolis BCM Foundation Inc reported income of $233k and spending of $236k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $233k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Annapolis BCM Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Alliance Area Senior Citizens Center Inc ($233k), Camp Ker-Anna ($233k) and Hawaii Army Museum Society ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.