BMS Charity Inc

Analysis

BMS Charity Inc is a registered charity in United States, based in Bogart, GA. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, BMS Charity Inc reported income of $103k and spending of $46k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $103k (-91%), an average of -91% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 3.7% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, BMS Charity Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include World Changer Foundation ($103k), National Capital Baptist Convention of Wash DC & Vicinty ($103k) and Serenelli Project Inc ($103k).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.