Bobby Bragan Youth Foundation Inc

Analysis

Bobby Bragan Youth Foundation Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Bobby Bragan Youth Foundation Inc reported income of $107k and spending of $158k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $99k to $107k (+8.1%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bobby Bragan Youth Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Fmes PTO ($107k), New Horizon Academy for Exceptional Students Inc ($107k) and Hellenic International Studies in the Arts Inc ($107k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 156% of the total. Compensation of current officers, directors and key employees was $76k (48% of expenses). At year end it held assets of $15k against liabilities of $267k, net assets of -$251k. 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.