Brick Companies Foundation Inc

Analysis

Brick Companies Foundation Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in July 2004, 22 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 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, Brick Companies Foundation Inc reported income of $54k and spending of $105k, spending 196% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $54k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brick Companies Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Matt 28 Childrens Family Cornerstone ($54k), NCL Inc South Austin Wildflowers Chapter ($54k) and Greater Nicollet Area Community Foundation ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.