Bmak Charity Thrifts

Analysis

Bmak Charity Thrifts is a registered charity in United States, based in Hillsdale, MI. It received its IRS tax-exemption ruling in August 2026. 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 2020, Bmak Charity Thrifts reported income of $253k and spending of $262k, spending 103% of its income. Across the 3 years on record, from December 2018 to December 2020, income grew from $13k to $253k (+1827%), an average of +339% a year. The sharpest change came in the year to December 2019, when income rose by 1215%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bmak Charity Thrifts sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Panta Pride Foundation Inc ($253k), Oliver Patch Project Inc ($253k) and Yomechas Indian Guide Federation ($253k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 5.1% of the total. Compensation of current officers, directors and key employees was $31k (12% of expenses). Other salaries and wages came to $125k. At year end it held assets of $65k against liabilities of $67k, net assets of -$2,634. It reported 17 employees.