Bolla Charity Foundation

Analysis

Bolla Charity Foundation is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Bolla Charity Foundation reported income of $551k and spending of $282k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $551k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bolla Charity Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Verona Volunteer Fire Department Inc ($551k), Society of Reproductive Endocrinology and Infertility Inc ($551k) and American Family Living ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.2m against liabilities of $176k, net assets of $1.1m.