BFP International Inc

Analysis

BFP International Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 2005, 21 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, BFP International Inc reported income of $7.7m and spending of $7.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $7.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, BFP International Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include New Gate to Peace Foundation ($7.7m), Our Daily Bread Ministries Foundation ($7.8m) and Kids Across America ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $402k (5.5% of expenses). Other salaries and wages came to $109k. At year end it held assets of $1.8m against liabilities of $49k, net assets of $1.7m. It reported 3 employees.