Bay Area Disruptor and Startup Support Labs

Analysis

Bay Area Disruptor and Startup Support Labs is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Bay Area Disruptor and Startup Support Labs reported income of $2.8m and spending of $3.2m, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $776k to $2.8m (+259%), an average of +90% a year. The sharpest change came in the year to December 2022, when income rose by 256%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Area Disruptor and Startup Support Labs sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include American Friends of the Louvre Inc ($2.8m), Friends of Garfield Park Inc ($2.8m) and Brazosport Fine Arts Council Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $218k. At year end it held assets of $954k against liabilities of $509k, net assets of $445k. It reported 3 employees.