Bay Area Bioscience Center

Analysis

Bay Area Bioscience Center is a registered charity in United States, based in South San Francisco, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover unknown, 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, Bay Area Bioscience Center reported income of $54k and spending of $57k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $965k to $54k (-94%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 89%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Area Bioscience Center sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Glomanity ($54k), The Contemporary Club of Ho Ho Kus Inc ($54k) and High Country Chiropractic Knightsof the Round Table ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. At year end it held assets of $303k against liabilities of $26k, net assets of $277k.