Bird City Century II Development Foundation

Analysis

Bird City Century II Development Foundation is a registered charity in United States, based in Bird City, KS. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bird City Century II Development Foundation reported income of $3.2m and spending of $794k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $15.5m to $3.2m (-79%), an average of -79% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 8.3% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bird City Century II Development Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include United Way of Pennsylvania ($3.2m), William M Yarbrough Foundation ($3.2m) and Alliance for Cancer Gene Therapy Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $55k (6.9% of expenses). Other salaries and wages came to $37k. At year end it held assets of $15.7m against liabilities of $2.1m, net assets of $13.6m. It reported 3 employees.