Isaac Bruce Foundation

Analysis

Isaac Bruce Foundation is a registered charity in United States, based in O Fallon, MO. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Isaac Bruce Foundation reported income of $209k and spending of $255k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $361k to $209k (-42%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Isaac Bruce Foundation 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 55th percentile, and in the 52nd percentile within MO. Charities of a similar size with the same main cause include Boulder Mountain Tour Ltd ($209k), Little League Baseball Inc ($209k) and Michiana High School Hockey League Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (27% of expenses). At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 1 employees.