American Friends of the Bugatti TR Inc

Analysis

American Friends of the Bugatti TR Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in November 2004, 22 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 December 2023, American Friends of the Bugatti TR Inc reported income of $87k and spending of $332, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $87k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Friends of the Bugatti TR Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Concerned Citizens Community Council ($87k), International Evangelism Ministry Inc ($87k) and Optimist Club of Green Bay Foundation Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.