Bia Education Foundation Inc

Analysis

Bia Education Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 2020, 6 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, Bia Education Foundation Inc reported income of $167k and spending of $192k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $261k to $167k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bia Education Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include Cy-Springs Panther Band Booster Club ($167k), K I S Foundation Inc ($167k) and Scholarships to Economically Poorstudents ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $128k against liabilities of $525, net assets of $128k.