Trust U/A Dated May 6 1940 F/B/O Brookgreen Gardens

Analysis

Trust U/A Dated May 6 1940 F/B/O Brookgreen Gardens is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1971, 55 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 July 2024, Trust U/A Dated May 6 1940 F/B/O Brookgreen Gardens reported income of $187k and spending of $224k, spending 120% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $184k to $187k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to July 2021, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Trust U/A Dated May 6 1940 F/B/O Brookgreen Gardens 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 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Sargasso Sea Project Inc ($186k), Iron Range Partnership for Sustainability ($187k) and Pennsylvania Master Naturalist ($186k).

Compensation of current officers, directors and key employees was $31k (14% of expenses). At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.