Brown Ledge Foundation Inc

Analysis

Brown Ledge Foundation Inc is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Brown Ledge Foundation Inc reported income of $2.6m and spending of $2.1m, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.1m to $2.6m (+27%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brown Ledge Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within VT. Charities of a similar size with the same main cause include San Antonio Force ($2.6m), Butte County Fair Association ($2.6m) and Upper Room KC ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $126k (5.9% of expenses). Other salaries and wages came to $735k. At year end it held assets of $6.6m against liabilities of $156k, net assets of $6.4m. It reported 105 employees.