Bengali Society of Florida Inc

Analysis

Bengali Society of Florida Inc is a registered charity in United States, based in Lake Mary, FL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. 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, Bengali Society of Florida Inc reported income of $123k and spending of $110k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $77k to $123k (+60%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 207%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bengali Society of Florida Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Salvation Tabernacle Inc ($123k), Reed School Association ($123k) and Oroville Youth Soccer Club ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $135k against liabilities of $245, net assets of $135k.