Society of American Bosnians and Herzegovinians

Analysis

Society of American Bosnians and Herzegovinians is a registered charity in United States, based in Franklin Park, IL. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society of American Bosnians and Herzegovinians reported income of $546k and spending of $550k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $546k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Society of American Bosnians and Herzegovinians sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Tri-Grace Ministries Inc ($546k), Dhammachai Foundation ($546k) and Mighty Horn Ministries Inc ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (15% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 3 employees.