Women of Banglatown

Analysis

Women of Banglatown is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Women of Banglatown reported income of $142k and spending of $62k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $142k (+13%), an average of +13% a year. Over the whole period it spent 42% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women of Banglatown sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Ohio Association of E M I S Professionals ($142k), Friends of Transparency International ($142k) and Buffalo River Community Development Corporation ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.