Friends of Bulloch Inc

Analysis

Friends of Bulloch Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 May 2023, Friends of Bulloch Inc reported income of $69k and spending of $22k, leaving 68% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $132k to $69k (-48%), an average of -15% a year. The sharpest change came in the year to May 2022, when income rose by 55%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Bulloch Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Amherst Junior Sabers Youth Football Program ($69k), Red Horse Center for Collaborative Leadership ($69k) and Tri City Athletic Club Inc ($69k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $184k against liabilities of $9,184, net assets of $175k.