Amarillo Bingo Association

Analysis

Amarillo Bingo Association is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amarillo Bingo Association reported income of $138k and spending of $113k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $138k (-7.6%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amarillo Bingo Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Maple Valley Farmers Market ($138k), Believe & Inspire ($138k) and Berrios Ministries ($138k).

Compensation of current officers, directors and key employees was $45k (40% of expenses). At year end it held assets of $142k against liabilities of $0, net assets of $142k. It reported 1 employees.