Professional & Business Association

Analysis

Professional & Business Association is a registered charity in United States, based in Collegedale, TN. It received its IRS tax-exemption ruling in October 1969, 57 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Professional & Business Association reported income of $712k and spending of $585k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $712k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Professional & Business Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Anderson Valley Apple Show and Fair ($712k), Volunteers of America Inc ($712k) and The Training Source Inc ($712k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.9m against liabilities of $16.4m, net assets of $3.5m. It reported 2 employees.