Memphis Boys Athletic Association

Analysis

Memphis Boys Athletic Association is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Memphis Boys Athletic Association reported income of $397k and spending of $376k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $276k to $397k (+44%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memphis Boys Athletic Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Cambridge Regional Health Center Inc ($397k), Mas Comunidad ($397k) and Lewiston Civic Theatre Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 1 employees.