BGCFW Support Corporation

Analysis

BGCFW Support Corporation is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BGCFW Support Corporation reported income of $55k and spending of $420k, spending 771% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $736 to $55k (+7309%), an average of +193% a year. The sharpest change came in the year to December 2020, when income rose by 7325%. Over the whole period it spent 912% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, BGCFW Support Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Opportunity Center of Orting Inc ($55k), National Charity League Inc - Vista Robles Chapter ($55k) and Heart of the Fathers Foundation ($54k).

At year end it held assets of $7.0m against liabilities of $8.7m, net assets of -$1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.