A C & Lillian D Bulla Memorial Foundation Inc

Analysis

A C & Lillian D Bulla Memorial Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1969, 57 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A C & Lillian D Bulla Memorial Foundation Inc reported income of $74k and spending of $148k, spending 201% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $74k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 5266%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A C & Lillian D Bulla Memorial Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Bay View Retired Senior Golfers Association ($74k), Ike Foundation for Autism Inc ($74k) and Foundation for Living Medicine ($74k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 14% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.