British North America Philatelic Society Ltd

Analysis

British North America Philatelic Society Ltd is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in January 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, British North America Philatelic Society Ltd reported income of $108k and spending of $73k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $108k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, British North America Philatelic Society Ltd sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile. Charities of a similar size with the same main cause include National Black Nurses Association Inc ($108k), Meade County Historical Society ($108k) and Classmate Fund Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 8.0% of the total. At year end it held assets of $1.2m against liabilities of $35k, net assets of $1.2m.