Bangladesh Center for Community Development Inc

Analysis

Bangladesh Center for Community Development Inc is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bangladesh Center for Community Development Inc reported income of $143k and spending of $51k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $143k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 32% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bangladesh Center for Community Development Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include The Volunteer Firemens Relief Assn of East Pennsboro Township ($143k), National Association of State Motorcycle Safety Administrators ($143k) and Karat School Project ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 28% of the total. At year end it held assets of $411k against liabilities of $0, net assets of $411k.