Bgood

Analysis

Bgood is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Bgood reported income of $106k and spending of $82k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income fell from $285k to $106k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bgood sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include PTA California Congress of Patents Teachers & Students Inc ($106k), Friends of LA Jolla Branch Library ($106k) and Mediation Center of Charlottesville ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.