Bside Fund

Analysis

Bside Fund is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bside Fund reported income of $1.3m and spending of $948k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $119k to $1.3m (+993%), an average of +122% a year. The sharpest change came in the year to December 2022, when income rose by 467%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bside Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Cincinnati Womans Club ($1.3m), Greater Pittsburgh Office of Promotion ($1.3m) and Public Image Partnership NFP ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.0m against liabilities of $1.7m, net assets of $307k.