Braden Aboud Memorial Foundation

Analysis

Braden Aboud Memorial Foundation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 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 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, Braden Aboud Memorial Foundation reported income of $208k and spending of $168k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $377k to $208k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Braden Aboud Memorial Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Delta Health Foundation ($208k), Tee Up Fore the Cure Inc ($209k) and Falatok Foundation ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $28k. At year end it held assets of $488k against liabilities of $1,943, net assets of $486k. It reported 1 employees.