The BDK Fund

Analysis

The BDK Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The BDK Fund reported income of $187k and spending of $209k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $187k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The BDK Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Steps to Victory Inc ($187k), Spartan Community Center of Hazelwood Inc ($187k) and Healthy U ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 36% of the total. Other salaries and wages came to $84k. At year end it held assets of $120k against liabilities of $2,908, net assets of $117k. It reported 6 employees.