Bohemian Benevolent and Literary Association of the City of Newyork

Analysis

Bohemian Benevolent and Literary Association of the City of Newyork is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1998, 28 years ago. 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 June 2024, Bohemian Benevolent and Literary Association of the City of Newyork reported income of $495k and spending of $382k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $164k to $495k (+201%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 590%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bohemian Benevolent and Literary Association of the City of Newyork sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include International Textile and Apparel Association ($495k), United Church Residences of Kenton Ohio Inc ($495k) and Eastern Michigan Hockey Association Inc ($495k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $1.0m against liabilities of $1,624, net assets of $1.0m.