Bulgarian Educational and Cultural Center St Kliment Ohridski Inc

Analysis

Bulgarian Educational and Cultural Center St Kliment Ohridski Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bulgarian Educational and Cultural Center St Kliment Ohridski Inc reported income of $169k and spending of $151k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $169k (+33%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bulgarian Educational and Cultural Center St Kliment Ohridski Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Rebel Club Inc ($169k), Photographers Without Borders Inc ($169k) and Woodland Heights PTO Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.