Volunteers Association for Bangladesh

Analysis

Volunteers Association for Bangladesh is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in February 1999, 27 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, Volunteers Association for Bangladesh reported income of $134k and spending of $44k, leaving 67% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $117k to $134k (+14%), an average of +2.7% a year. The sharpest change came in the year to December 2019, when income rose by 99%. Over the whole period it spent 44% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Volunteers Association for Bangladesh sits at the 41st percentile: it is larger than about 41% 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 Waaw Foundation ($134k), Animal Rescue Fund ($134k) and Elk Grove Village Italian Sister Cities Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $872k against liabilities of $0, net assets of $872k.