Bullington Gardens Inc

Analysis

Bullington Gardens Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Bullington Gardens Inc reported income of $340k and spending of $214k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $252k to $340k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bullington Gardens Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Wuerffel Foundation Inc ($340k), The Rotary Club of Cadiz Kentucky Incorporated ($340k) and Lansdowne Economic Development Corporation ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 12% of the total. Other salaries and wages came to $115k. At year end it held assets of $904k against liabilities of $138k, net assets of $765k. It reported 6 employees.