Bubba Moore Memorial Group Inc

Analysis

Bubba Moore Memorial Group Inc is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Bubba Moore Memorial Group Inc reported income of $286k and spending of $222k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $286k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bubba Moore Memorial Group Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Boosters Foundation Inc ($286k), Point West Rotary Club Foundation ($286k) and Marion Public Library Foundation ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $135k against liabilities of $432, net assets of $135k.