Greater Bel Air Community Foundation Inc

Analysis

Greater Bel Air Community Foundation Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Greater Bel Air Community Foundation Inc reported income of $77k and spending of $109k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $77k (-15%), an average of -3.9% a year. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Bel Air Community Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Harford County Deputy Sheriffsbenevolent Fund Inc ($77k), Ocean Ridge Charities Association ($77k) and Latvian Assoc Daugavas Vanagi Asv Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.