Bowers-Rodgers Home Foundation

Analysis

Bowers-Rodgers Home Foundation is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in May 1996, 30 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Bowers-Rodgers Home Foundation reported income of $447k and spending of $1.6m, spending 367% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $117k to $447k (+282%), an average of +96% a year. The sharpest change came in the year to December 2021, when income rose by 556%. Over the whole period it spent 265% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bowers-Rodgers Home Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Love Tribe Project Inc ($447k), East Bay Community Recovery Fund ($447k) and Guymon Community Enrichment Foundation ($446k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.