Bank of America Charitable Gift Fund
Boston, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 26 peers in Philanthropy, Voluntarism & Grantmaking with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,188,501,548↑31% | $845,469,034↑11% | $4,162,617,542↑19% | |
| 2022 | $907,613,090↓46% | $763,125,913↑5% | $3,490,678,875↓12% | — |
| 2021 | $1,677,054,646↑100% | $728,053,163↑63% | $3,954,780,762↑67% | — |
| 2020 | $837,703,273↑33% | $447,124,027↑47% | $2,364,761,741↑38% | — |
| 2018 | $632,034,707↑4% | $303,275,719↑24% | $1,712,420,731↑11% | — |
| 2017 | $608,184,954↑59% | $244,257,877↑5% | $1,539,696,437↑40% | — |
| 2016 | $382,100,006↑6% | $232,299,659↑35% | $1,103,311,461↑24% | — |
| 2015 | $360,149,157↑26% | $171,542,808↑51% | $892,337,020↑25% | — |
| 2014 | $286,503,662↑39% | $113,850,679↑11% | $711,742,589↑32% | — |
| 2013 | $206,203,522↓1% | $102,733,405↓17% | $537,753,824↑25% | — |
| 2012 | $207,383,040↑79% | $123,113,991↑60% | $428,535,300↑28% | — |
| 2011 | $115,812,292↓25% | $76,955,412↑61% | $335,024,478↑10% | — |
| 2010 | $153,812,209 | $47,722,230 | $305,442,954 | — |
Frequently Asked Questions
What does Bank of America Charitable Gift Fund do?▼
Bank of America Charitable Gift Fund is a philanthropy, voluntarism & grantmaking nonprofit organization based in Massachusetts. It is classified under NTEE code T700 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Bank of America Charitable Gift Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Bank of America Charitable Gift Fund has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Bank of America Charitable Gift Fund generate?▼
Bank of America Charitable Gift Fund reports $1.7B in annual revenue and holds $5.1B in total assets, based on IRS filings.
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