Bangladesh American Society of Greater Houston

Analysis

Bangladesh American Society of Greater Houston is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bangladesh American Society of Greater Houston reported income of $178k and spending of $141k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $282k to $178k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bangladesh American Society of Greater Houston sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Plastics Pioneers Association ($178k), Alabama Society for Heathcare Engineering Inc ($178k) and Academy of Strings ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $618k against liabilities of $0, net assets of $618k.