Bulgarian Center of New England Inc

Analysis

Bulgarian Center of New England Inc is a registered charity in United States, based in Stoughton, MA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bulgarian Center of New England Inc reported income of $147k and spending of $133k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $147k (+11%), an average of +11% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bulgarian Center of New England Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Hyperreal Film Club ($147k), Upr Foundation Inc ($147k) and 99treasures Arts & Culture ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 34% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.