Broughton Athletics Legacy Foundation Inc

Analysis

Broughton Athletics Legacy Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2022, 4 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 December 2023, Broughton Athletics Legacy Foundation Inc reported income of $76k and spending of $310, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $76k (+262%), an average of +262% a year. The sharpest change came in the year to December 2023, when income rose by 262%. Over the whole period it spent 0.8% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broughton Athletics Legacy Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Madison County Caree Program Conservation Agr Res & Envir Edc ($76k), Lower Columbia Q Center ($76k) and Neuro Fitness Foundation ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.