Bulgarian-Macedonian National Educational and Cultural Centr Inc

Analysis

Bulgarian-Macedonian National Educational and Cultural Centr Inc is a registered charity in United States, based in Homestead, PA. It received its IRS tax-exemption ruling in February 1996, 30 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, Bulgarian-Macedonian National Educational and Cultural Centr Inc reported income of $542k and spending of $110k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $542k (+384%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bulgarian-Macedonian National Educational and Cultural Centr Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Design Museum Foundation Inc ($542k), Cymaspace ($542k) and Beechcraft Heritage Museum Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 4.5% of the total. At year end it held assets of $1.5m against liabilities of $1,470, net assets of $1.5m.