Bitcoin Policy Institute

Analysis

Bitcoin Policy Institute is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Bitcoin Policy Institute reported income of $1.1m and spending of $811k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $316k to $1.1m (+241%), an average of +241% a year. The sharpest change came in the year to December 2023, when income rose by 241%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bitcoin Policy Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Boy Scouts of America ($1.1m), Holy Cross Senior Services Inc ($1.1m) and Volunteers of America Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $226k (28% of expenses). At year end it held assets of $451k against liabilities of $4,078, net assets of $447k. It reported 2 employees.