Branford Community Foundation

Analysis

Branford Community Foundation is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in February 1980, 46 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, Branford Community Foundation reported income of $395k and spending of $397k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $395k (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Branford Community Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Our Lady of Divine Providence House of Prayer Foundation Inc ($395k), Loudoun Dulles Fop Charitable Foundation ($396k) and Blind Squirrel Charitable Corp ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $83k. At year end it held assets of $3.0m against liabilities of $25k, net assets of $3.0m.