Bullet Athletics Inc

Analysis

Bullet Athletics Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bullet Athletics Inc reported income of $145k and spending of $140k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $145k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bullet Athletics Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Sowers Club of Nebraska Foundation ($145k), Encouraging Words Inc ($145k) and Iq for Kids Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,284 against liabilities of $0, net assets of $6,284.