Council of Belmont Organizations Inc-Study Group

Analysis

Council of Belmont Organizations Inc-Study Group is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in January 1979, 47 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 2023, Council of Belmont Organizations Inc-Study Group reported income of $134k and spending of $134k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $134k to $134k (+0.0%), an average of +0.0% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council of Belmont Organizations Inc-Study Group 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 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Breast Wishes Foundation ($134k), Memorial Community Center Inc ($134k) and Salisbury Arts Alliance Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $111k. At year end it held assets of $68k against liabilities of $68k, net assets of $0. It reported 3 employees.