Gerard and Wanda Brunet Foundation

Analysis

Gerard and Wanda Brunet Foundation is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Gerard and Wanda Brunet Foundation reported income of $157k and spending of $139k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $56k to $157k (+181%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 292%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gerard and Wanda Brunet Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include LA Famiglia Preschool ($157k), Admissionsquad Inc ($157k) and Oregon Athletic Booster Club Inc ($157k).

Compensation of current officers, directors and key employees was $20k (14% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.