Bowery Premier Inc

Analysis

Bowery Premier Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bowery Premier Inc reported income of $129k and spending of $133k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $129k (+12%), an average of +12% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bowery Premier Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Riverheads Athletic Booster Club ($129k), United States Bowling Congress Inc ($129k) and Turkey Valley Trap Shooting Team ($129k).

At year end it held assets of $1,259 against liabilities of $226k, net assets of -$225k.