Bulgarian Cultural Center of Pennsylvania New Jersey and Delawa

Analysis

Bulgarian Cultural Center of Pennsylvania New Jersey and Delawa is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bulgarian Cultural Center of Pennsylvania New Jersey and Delawa reported income of $60k and spending of $34k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $38k to $60k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 61% 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 Cultural Center of Pennsylvania New Jersey and Delawa sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Rocky Mountain Conference Onanalytical Chemistry Inc ($60k), Arts Alliance of Yamhill County ($60k) and Watercolor Society of Indiana Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 32% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.