Bgstrong Charities Inc

Analysis

Bgstrong Charities Inc is a registered charity in United States, based in Evans, GA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bgstrong Charities Inc reported income of $93k and spending of $96k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $93k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bgstrong Charities Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include God Luv Ya Foundation ($93k), Fishers High School PTO Inc ($93k) and Oconee Emc Foundation Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.