B G C Inc

Analysis

B G C Inc is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in July 1999, 27 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 June 2023, B G C Inc reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.0m (-13%), an average of -3.4% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, B G C Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Kama Relief Corporation ($1.0m), Fill-A-Need Foundation Corporation ($1.0m) and Colorado Food Cluster Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $667k. At year end it held assets of $575k against liabilities of $82k, net assets of $493k. It reported 18 employees.