James B Washington Education and Sports Inc

Analysis

James B Washington Education and Sports Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in March 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 (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, James B Washington Education and Sports Inc reported income of $401k and spending of $339k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $401k (+161%), an average of +161% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, James B Washington Education and Sports Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Freedom Hoops ($401k), Aspire Movement Inc ($402k) and The Mentor Connector ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (28% of expenses). At year end it held assets of $110k against liabilities of $73k, net assets of $37k. It reported 3 employees.