Bristols Promise Youth Networkingalliance

Analysis

Bristols Promise Youth Networkingalliance is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in August 2006, 20 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 June 2022, Bristols Promise Youth Networkingalliance reported income of $189k and spending of $302k, spending 160% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $252k to $189k (-25%), an average of -9.1% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bristols Promise Youth Networkingalliance sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include 500 Men Making a Difference Inc ($189k), The Hammond Knights ($189k) and Youthfirst ($189k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $65k (21% of expenses). Other salaries and wages came to $104k. At year end it held assets of $90k against liabilities of $2,479, net assets of $88k. It reported 4 employees.