Bangladesh Society Inc New York

Analysis

Bangladesh Society Inc New York is a registered charity in United States, based in Elmhurst, NY. It received its IRS tax-exemption ruling in November 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 (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, Bangladesh Society Inc New York reported income of $188k and spending of $117k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $49k to $188k (+288%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 138% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bangladesh Society Inc New York sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Arts Council of Southeast Missouri ($188k), Ifera Inc ($188k) and Fund for Innovative T V ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $281k against liabilities of $0, net assets of $281k.