Bosnia & Herzegovinian American Community Center

Analysis

Bosnia & Herzegovinian American Community Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Bosnia & Herzegovinian American Community Center reported income of $253k and spending of $154k, leaving 39% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $220k to $253k (+15%), an average of +4.9% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bosnia & Herzegovinian American Community Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Knox County Farm Fair Inc ($253k), Cohasset Swimming and Recreation Trust ($253k) and Mississippi Junior Miss Program Inc ($253k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $126k. At year end it held assets of $712k against liabilities of $77k, net assets of $635k.