Marjorie M & Lawrence R Bradley Endowment Fund of Polk County N Ca

Analysis

Marjorie M & Lawrence R Bradley Endowment Fund of Polk County N Ca is a registered charity in United States, based in Tryon, NC. It received its IRS tax-exemption ruling in January 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Marjorie M & Lawrence R Bradley Endowment Fund of Polk County N Ca reported income of $130k and spending of $1.1m, spending 831% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $296k to $130k (-56%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 333% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marjorie M & Lawrence R Bradley Endowment Fund of Polk County N Ca 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 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include East Fresno Kiwanis Foundation ($130k), Panna Maria Community Fund ($130k) and Corinthian Baptist Community Development Corporation ($130k).

At year end it held assets of $10.3m against liabilities of $0, net assets of $10.3m.

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.