John L Brandegee Trust

Analysis

John L Brandegee Trust is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, John L Brandegee Trust reported income of $467k and spending of $1.5m, spending 323% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $467k (-71%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John L Brandegee Trust sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Boselli Foundation ($467k), Jonas Philanthropies Inc ($467k) and Silver Spring Volunteer Fire Dept Inc ($467k).

Compensation of current officers, directors and key employees was $179k (12% of expenses). At year end it held assets of $27.3m against liabilities of $0, net assets of $27.3m.