Hbcu BVCC Capital Management Inc
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
Where the income comes from
- Program services 70%
- Other 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creek Day School Incorporation | Madison | $410k |
| Glendora Athletics Inc | Glendora | $410k |
| Austin Free-Net | Austin | $410k |
| The Nashville Neighborhood Education Center Inc | Nashville | $410k |