Bulgarian-American Cultural Educational Foundation

Analysis

Bulgarian-American Cultural Educational Foundation is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in April 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 June 2023, Bulgarian-American Cultural Educational Foundation reported income of $61k and spending of $68k, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $58k to $61k (+6.2%), an average of +6.2% a year. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bulgarian-American Cultural Educational Foundation sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Plymouth Creek Elementary Parent-Teacher Organization ($61k), Alpha Kappa Lambda Education Foundation Inc ($61k) and Littlebrook School Parent Teacher Organization ($61k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $33k against liabilities of $5,232, net assets of $27k.