BGH Foundation

Analysis

BGH Foundation is a registered charity in United States, based in Oxon Hill, MD. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, BGH Foundation reported income of $1.2m and spending of $493k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $139k to $1.2m (+739%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, BGH Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.2m), The Childrens Center at Morrisville State College Inc ($1.2m) and Jeffco Subcontracting Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $116k (24% of expenses). Other salaries and wages came to $16k. At year end it held assets of $770k against liabilities of $0, net assets of $770k. It reported 4 employees.