Bgcco Milo-Grogan Holding Company

Analysis

Bgcco Milo-Grogan Holding Company is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bgcco Milo-Grogan Holding Company reported income of $366k and spending of $637k, spending 174% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.0m to $366k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bgcco Milo-Grogan Holding Company sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Washington Cricket Academy Inc ($366k), Kidz Knect Resource Center ($366k) and Missouri Ffa Foundation ($366k).

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 $8.3m against liabilities of $7.8m, net assets of $555k.