Bannock Youth Foundation Inc

Analysis

Bannock Youth Foundation Inc is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Bannock Youth Foundation Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.2m (+35%), an average of +7.9% a year. The sharpest change came in the year to August 2022, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bannock Youth Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within ID. Charities of a similar size with the same main cause include Midwest Shelter for Homeless Veterans Inc ($2.2m), Family Guidance Institute ($2.2m) and Quincy Asian Resources Inc ($2.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $203k, net assets of $1.5m. It reported 94 employees.