Braylin Campbell Memorial Music Business Scholarship Foundation Fu

Analysis

Braylin Campbell Memorial Music Business Scholarship Foundation Fu is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1967, 59 years ago. 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 September 2023, Braylin Campbell Memorial Music Business Scholarship Foundation Fu reported income of $62k and spending of $58k, spending 93% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $48k to $62k (+27%), an average of +27% a year. The sharpest change came in the year to September 2023, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Braylin Campbell Memorial Music Business Scholarship Foundation Fu sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($62k), Minnesota-Dakotas Kiwanis Educational Foundation ($62k) and Tribute to Veterans Memorial ($62k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,552 against liabilities of $0, net assets of $8,552.