BGH Foundation

Analysis

BGH Foundation is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, BGH Foundation reported income of $553k and spending of $523k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $310k to $553k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, BGH Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Linn County Historical Society ($553k), Bluegrass Youth Ballet Inc ($553k) and Beaumont Heritage Society ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $102k. At year end it held assets of $183k against liabilities of $0, net assets of $183k.