Banglahelp Inc

Analysis

Banglahelp Inc is a registered charity in United States, based in Loma Linda, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Banglahelp Inc reported income of $157k and spending of $248k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $415k to $157k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Banglahelp Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Dress for Success Louisville Inc ($157k), McKinney Police Association ($157k) and Cook County Family Connection Inc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.