Bon Secours Community Works Inc

Analysis

Bon Secours Community Works Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bon Secours Community Works Inc reported income of $4.1m and spending of $7.0m, spending 170% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income grew from $3.0m to $4.1m (+35%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bon Secours Community Works Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Asbury Towers Retirement Community Inc ($4.1m), Heartly House Inc ($4.1m) and Springfield Victory Mission Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $16.0m against liabilities of $159k, net assets of $15.9m. It reported 63 employees.