Bafut Manjong Cultural Association

Analysis

Bafut Manjong Cultural Association is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bafut Manjong Cultural Association reported income of $256k and spending of $256k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $256k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bafut Manjong Cultural Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Rockville Centre St Patricks Parade Inc ($256k), Green Bay Packer Hall of Fame Inc ($256k) and Boxford Cable Access Television Corporation Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.