Linx Buddies Association

Analysis

Linx Buddies Association is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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 2023, Linx Buddies Association reported income of $55k and spending of $58k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $668k to $55k (-92%), an average of -57% a year. The sharpest change came in the year to December 2021, when income dropped by 86%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Linx Buddies Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($55k), BBMRC Inc ($55k) and Producers Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $5,210 against liabilities of $0, net assets of $5,210.