Brem Foundation to Defeat Breast Cancer Inc

Analysis

Brem Foundation to Defeat Breast Cancer Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Brem Foundation to Defeat Breast Cancer Inc reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $561k to $1.2m (+105%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brem Foundation to Defeat Breast Cancer Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Turning Point Advocacy Services ($1.2m), Careity Foundation ($1.2m) and Congenital Hyperinsulinism International ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $262k (22% of expenses). Other salaries and wages came to $345k. At year end it held assets of $641k against liabilities of $13k, net assets of $629k. It reported 9 employees.