Bunker Projects Inc

Analysis

Bunker Projects Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bunker Projects Inc reported income of $84k and spending of $99k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $84k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bunker Projects Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Midcoast Youth Theater ($84k), Soorya Performing Arts ($84k) and Washington Heights Chamber Orchestra Corporation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $52k against liabilities of $157, net assets of $52k.