Association of Bosniaks Inc

Analysis

Association of Bosniaks Inc is a registered charity in United States, based in Watervliet, NY. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Association of Bosniaks Inc reported income of $135k and spending of $121k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $54k to $135k (+152%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Association of Bosniaks Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Pakistani-Descent Physicians Society ($135k), The Han Schneider International Childrens Foundation ($135k) and Compacion Foundation Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 3.8% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.