Bear River Head Start

Analysis

Bear River Head Start is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in February 1967, 59 years ago. 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 January 2024, Bear River Head Start reported income of $9.6m and spending of $9.6m, spending 101% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $8.9m to $9.6m (+7.2%), an average of +1.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bear River Head Start sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within UT. Charities of a similar size with the same main cause include Omaha Public Schools Foundation ($9.6m), San Benito Health Foundation ($9.6m) and Habitat for Humanity International Inc ($9.6m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (1.4% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $3.1m against liabilities of $2.6m, net assets of $428k. It reported 219 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.