BMCC Association Inc

Analysis

BMCC Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1966, 60 years ago. 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 June 2023, BMCC Association Inc reported income of $1.7m and spending of $1.9m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.7m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, BMCC Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Colorado Gerontological Society ($1.7m), The Work Group ($1.7m) and Down Syndrome Innovations Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Other salaries and wages came to $309k. At year end it held assets of $2.6m against liabilities of $489k, net assets of $2.1m. It reported 29 employees.