Bragg Jam Inc

Analysis

Bragg Jam Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in May 2008, 18 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 2022, Bragg Jam Inc reported income of $140k and spending of $92k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $256k to $140k (-45%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 469%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bragg Jam Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Ballet Latino de San Antonio ($140k), American Law and Economics Association Inc ($140k) and International Organization of Lace Inc ($140k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 41% and program service revenue 58% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.