Bondh-E-Shams

Analysis

Bondh-E-Shams is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bondh-E-Shams reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $488k to $1.4m (+185%), an average of +69% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bondh-E-Shams sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Inner Beauty Program ($1.4m), Houston Youth Athletic Club ($1.4m) and Triple Threat Mentoring NFP ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $684k against liabilities of $45k, net assets of $639k.