My Balkans Inc

Analysis

My Balkans Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2021, 5 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, My Balkans Inc reported income of $83k and spending of $42k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $83k (+77%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, My Balkans 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 32nd percentile within NY. Charities of a similar size with the same main cause include Cuban Pilots Association Inc ($83k), San Jose Center for Poetry and Literature ($83k) and Artistic Roots ($83k).

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 $44k against liabilities of $0, net assets of $44k.