Bulamu International

Analysis

Bulamu International is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Bulamu International reported income of $1.7m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $731k to $1.7m (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bulamu International sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Ummah Relief International ($1.7m), Bold Hope Inc ($1.7m) and His Voice Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $147k (8.5% of expenses). Other salaries and wages came to $171k. It paid $61k in professional fundraising fees. At year end it held assets of $163k against liabilities of $144k, net assets of $18k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.