Biotech Connection - Bay Area Inc

Analysis

Biotech Connection - Bay Area Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Biotech Connection - Bay Area Inc reported income of $100k and spending of $72k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $100k (+3.1%), an average of +3.1% a year. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Biotech Connection - Bay Area Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Paul Collins Jr Scholarship Plan ($99k), Significance of One ($100k) and University of Alaska-Fairbanks Alumni Association ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $309k against liabilities of $1,468, net assets of $308k.