Bedford Boys Tribute Center

Analysis

Bedford Boys Tribute Center is a registered charity in United States, based in Bedford, VA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, 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, Bedford Boys Tribute Center reported income of $159k and spending of $123k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $159k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bedford Boys Tribute Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Nebraska Chinese Association ($159k), Southern Nevada Home School Performing Arts Inc ($159k) and Revival Theatre Company ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.