Chittagong Association of North America Inc

Analysis

Chittagong Association of North America Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chittagong Association of North America Inc reported income of $83k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income fell from $85k to $83k (-2.2%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 1517%. Over the whole period it spent 20% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chittagong Association of North America Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include El Modena High School Baseball Booster Club Inc ($83k), Community Support Center Inc ($83k) and Knights Initiative Inc ($83k).

At year end it held assets of $200k against liabilities of $0, net assets of $200k.