Hundred Members Debating Benevolent Association

Analysis

Hundred Members Debating Benevolent Association is a registered charity in United States, based in Bay St Louis, MS. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hundred Members Debating Benevolent Association reported income of $230k and spending of $258k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $82k to $230k (+181%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hundred Members Debating Benevolent Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within MS. Charities of a similar size with the same main cause include Envelop ($230k), Professional Artistic Research Projects ($230k) and Ascent Music ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $6,000 (2.3% of expenses). At year end it held assets of $102k against liabilities of $125k, net assets of -$24k. It reported 1 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.