Bounce Back Generation Inc

Analysis

Bounce Back Generation Inc is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Bounce Back Generation Inc reported income of $540k and spending of $537k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $427k to $540k (+26%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bounce Back Generation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Irbs Theological Seminary ($540k), McNy Bronx Inc ($540k) and Cathedral Oak Academy ($540k).

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 $114k (21% of expenses). Other salaries and wages came to $226k. At year end it held assets of $106k against liabilities of $22k, net assets of $83k. It reported 7 employees.