Biophysical Economics Institute Inc

Analysis

Biophysical Economics Institute Inc is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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 September 2023, Biophysical Economics Institute Inc reported income of $191k and spending of $234k, spending 123% of what it took in. Across the 2 years on record, from September 2021 to September 2023, income fell from $422k to $191k (-55%), an average of -55% a year. The sharpest change came in the year to September 2023, when income dropped by 55%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Biophysical Economics Institute Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($191k), Volunteers of America Inc ($191k) and American Society of Civil Engineers ($191k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. At year end it held assets of $242k against liabilities of $3,969, net assets of $238k.