Bangladeshi American Community Development & Youth Service Corp

Analysis

Bangladeshi American Community Development & Youth Service Corp is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bangladeshi American Community Development & Youth Service Corp reported income of $386k and spending of $425k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $270k to $386k (+43%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bangladeshi American Community Development & Youth Service Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Cullen Childrens Foundation ($386k), Arcadia Foundation ($386k) and The Samantha and Kyle Busch Bundle of Joy Fund ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $212k. At year end it held assets of $539k against liabilities of $564k, net assets of -$26k. It reported 7 employees.