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Branches Homeschool Community Inc

RegisteredEIN 46-3052445Phoenix, AZEducation and training
Income$374k2023-12
Spending$378ksame year
Spent / received96%5-year average
Size in its cause64th pctEducation and training
Exempt since2019Publicly supported organisat
Employees0latest return

Analysis

Branches Homeschool Community Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Branches Homeschool Community Inc reported income of $374k and spending of $378k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $374k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Branches Homeschool Community Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Westgate Sportsman Club ($374k), Burke County Family Connection Inc ($374k) and NH Civics ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 69% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.

Income and spending

$0$94k$189k$283k$378k2019 Income: $306,9172019 Spending: $285,47920192020 Income: $162,5722020 Spending: $167,01820202021 Income: $255,3722021 Spending: $231,46720212022 Income: $341,6442022 Spending: $317,64820222023 Income: $374,2892023 Spending: $377,9222023
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 69%
  • Other 20%

Similar-sized charities, same cause

CharityLocationIncome
Westgate Sportsman ClubEau Claire$374k
Burke County Family Connection IncWaynesboro$374k
NH CivicsConcord$374k
Prairie Bible Institute U S IncS Pasadena$374k