Bravo Foundation Inc

Analysis

Bravo Foundation Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Bravo Foundation Inc reported income of $541k and spending of $936k, spending 173% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $986k to $541k (-45%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bravo Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Prairie Centre for Christian Education ($541k), Beyond the Boroughs Inc ($542k) and I Would Rather Be Reading ($541k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $469k against liabilities of $6,910, net assets of $462k.