Bacs Prevention Platform Inc

Analysis

Bacs Prevention Platform Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Bacs Prevention Platform Inc reported income of $210k and spending of $178k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $554k to $210k (-62%), an average of -62% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bacs Prevention Platform Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Greenline Foundation Inc ($210k), University District Development Corporation ($210k) and Midland Parker Place Inc ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $50k. At year end it held assets of $496k against liabilities of $464k, net assets of $32k.