Bhutanese Community Organization of Minnesota-Bcom-
Analysis
Bhutanese Community Organization of Minnesota-Bcom- is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Bhutanese Community Organization of Minnesota-Bcom- reported income of $185k and spending of $129k, leaving 30% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $109k to $185k (+70%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 89%. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bhutanese Community Organization of Minnesota-Bcom- sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include MTZ Charitable Organization Inc ($185k), Connect Community ($185k) and Tennessee Fisher House Foundation Inc ($185k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (76% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| MTZ Charitable Organization Inc | Madison | $185k |
| Connect Community | Lumberton | $185k |
| Tennessee Fisher House Foundation Inc | Murfreesboro | $185k |
| Grower-Shipper Association Foundation | Salinas | $186k |