Bunts Association of North America Inc

Analysis

Bunts Association of North America Inc is a registered charity in United States, based in Snoqualmie, WA. It received its IRS tax-exemption ruling in May 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Bunts Association of North America Inc reported income of $108k and spending of $72k, leaving 33% of income unspent that year. Across the 3 years on record, from August 2019 to August 2024, income fell from $274k to $108k (-61%), an average of -37% a year. The sharpest change came in the year to August 2024, when income rose by 3096%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bunts Association of North America Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Early Day Gas Engine and Tractor Association Incorporated ($108k), Goshen Arts and Events Inc ($108k) and Washington Independent Review of Books Inc ($108k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $480k against liabilities of $0, net assets of $480k.