Bolling Conference Grounds Inc

Analysis

Bolling Conference Grounds Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bolling Conference Grounds Inc reported income of $214k and spending of $155k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $214k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bolling Conference Grounds Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Sargent Foundation for Episcopal Ministries ($214k), Gods Embrace Ministries Inc ($214k) and Church Trainer Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $27k (17% of expenses). At year end it held assets of $310k against liabilities of $1,170, net assets of $309k. It reported 1 employees.