BPH Holding Co Inc

Analysis

BPH Holding Co Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BPH Holding Co Inc reported income of $39.1m and spending of $42.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $35.8m to $39.1m (+9.4%), an average of +2.3% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, BPH Holding Co 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 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Ozarks Area Community Action Corporation ($39.1m), Misericordia Foundation ($39.1m) and Northeast Parent and Child Society Inc ($39.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $459k (1.1% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $200.2m against liabilities of $222.7m, net assets of -$22.5m. It reported 502 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.