Bankhead Boys Association Inc

Analysis

Bankhead Boys Association Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1994, 32 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 August 2023, Bankhead Boys Association Inc reported income of $141k and spending of $149k, spending 106% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $220k to $141k (-36%), an average of -36% a year. The sharpest change came in the year to August 2023, when income dropped by 36%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bankhead Boys Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Caring Place ($140k), Kent Rose Foundation ($141k) and Kids Enjoy Exercise Now ($140k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (67% of expenses). At year end it held assets of $88k against liabilities of $0, net assets of $88k.