Bi-County Business Roundtable

Analysis

Bi-County Business Roundtable is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bi-County Business Roundtable reported income of $201k and spending of $208k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $201k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bi-County Business Roundtable sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Inspiring Tomorrows Leaders Inc ($201k), Mission Possible-Dominican Republic Inc ($201k) and Sustained Farms ($201k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3,032 against liabilities of -$30, net assets of $3,062.