BGV Foundation Inc

Analysis

BGV Foundation Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, BGV Foundation Inc reported income of $9.0m and spending of $835k, leaving 91% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $717k to $9.0m (+1151%), an average of +132% a year. The sharpest change came in the year to December 2022, when income rose by 7236%. Over the whole period it spent 34% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, BGV Foundation Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Girl Scouts in the Heart of Pennsylvania ($8.9m), Kentucky 4-H Foundation Inc ($9.0m) and Digital Nest Inc ($8.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $16.0m against liabilities of $12k, net assets of $16.0m.