Positive Attitude

Analysis

Positive Attitude is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in March 1998, 28 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 2024, Positive Attitude reported income of $446k and spending of $519k, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $453k to $446k (-1.5%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Positive Attitude sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Youth Incorporated ($446k), Future Farmers of America and Its West Virginia State Ffa Associatio ($446k) and Clark County Junior Livestock Association ($446k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $70k (13% of expenses). Other salaries and wages came to $215k. At year end it held assets of $1.1m against liabilities of $432k, net assets of $623k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.