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Hbcu BVCC Capital Management Inc

RegisteredEIN 85-3216458Montclair, NJEducation and training
Income$410k2023-12
Spending$546ksame year
Spent / received121%2-year average
Size in its cause65th pctEducation and training
Exempt since2021Publicly supported organisat
Employees0latest return

Analysis

Hbcu BVCC Capital Management Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hbcu BVCC Capital Management Inc reported income of $410k and spending of $546k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $394k to $410k (+4.1%), an average of +4.1% a year. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hbcu BVCC Capital Management Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Creek Day School Incorporation ($410k), Glendora Athletics Inc ($410k) and Austin Free-Net ($410k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 70% of the total. At year end it held assets of $46k against liabilities of $37k, net assets of $9,414.

Income and spending

$0$136k$273k$409k$546k2022 Income: $393,9042022 Spending: $425,51420222023 Income: $409,9842023 Spending: $545,5332023
IncomeSpending

Where the income comes from

  • Program services 70%
  • Other 30%

Similar-sized charities, same cause

CharityLocationIncome
Creek Day School IncorporationMadison$410k
Glendora Athletics IncGlendora$410k
Austin Free-NetAustin$410k
The Nashville Neighborhood Education Center IncNashville$410k