Bay Area Bioscience Education Community

Analysis

Bay Area Bioscience Education Community is a registered charity in United States, based in Burlingame, CA. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bay Area Bioscience Education Community reported income of $869k and spending of $838k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $869k (-44%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 63%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bay Area Bioscience Education Community sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Hanover Academy ($868k), Heartland Christian Homeschool Center Inc ($869k) and Baltimore Polytechnic Institute Foundation Inc ($868k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $99k (12% of expenses). Other salaries and wages came to $426k. At year end it held assets of $1.1m against liabilities of $53k, net assets of $1.1m. It reported 10 employees.