Bcarbon Inc

Analysis

Bcarbon Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Bcarbon Inc reported income of $2.2m and spending of $1.6m, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $640k to $2.2m (+247%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 66% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bcarbon Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Enviromental Learning Center Inc ($2.2m), Rachel Carson Council Inc ($2.2m) and Environmental Advocates Ny Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $180k (11% of expenses). Other salaries and wages came to $343k. At year end it held assets of $1.4m against liabilities of $9,088, net assets of $1.4m. It reported 6 employees.