Bengali Association of North Carolina

Analysis

Bengali Association of North Carolina is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in June 2009, 17 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, Bengali Association of North Carolina reported income of $109k and spending of $107k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $109k (-2.4%), an average of -2.4% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bengali Association of North Carolina sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Jazz Becuzz Arts Group Inc ($109k), Lamplite Players ($109k) and International Friendship Through the Performing Arts ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.