Bctcares Foundation Inc

Analysis

Bctcares Foundation Inc is a registered charity in United States, based in Charles Town, WV. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Bctcares Foundation Inc reported income of $103k and spending of $101k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $103k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bctcares Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WV. Charities of a similar size with the same main cause include Gods Pantry ($103k), Mission Life Inc ($103k) and Access and Ability ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,764 against liabilities of $0, net assets of $2,764.