Branched

Analysis

Branched is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Branched reported income of $7.8m and spending of $7.8m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $7.8m (+96%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 261%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Branched sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Ball Charter Schools ($7.8m), The Institute for Excellence in Education ($7.8m) and Early College High School at Delaware State University Inc ($7.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $604k (7.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $22.9m against liabilities of $528k, net assets of $22.3m. It reported 30 employees.