B & B Academy Homes Inc

Analysis

B & B Academy Homes Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, B & B Academy Homes Inc reported income of $773k and spending of $802k, spending 104% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $786k to $773k (-1.6%), an average of -1.6% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, B & B Academy Homes Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Okmulgee County Family Resource Center Inc ($773k), Metropolitan Wilmington Urban League Inc ($773k) and Ashby Village Inc ($773k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $235k. At year end it held assets of $143k against liabilities of $143k, net assets of $0.