Peach Belt Athetic Conference Inc

Analysis

Peach Belt Athetic Conference Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Peach Belt Athetic Conference Inc reported income of $946k and spending of $1.4m, spending 149% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $897k to $946k (+5.5%), an average of +1.3% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peach Belt Athetic Conference Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Parent to Parent of Miami Inc ($946k), Blacklick Valley Foundation and Ambulance Service Inc ($946k) and Center of Hope ($946k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $205k (14% of expenses). Other salaries and wages came to $252k. At year end it held assets of $463k against liabilities of $419k, net assets of $44k. It reported 5 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.