Bryan Area Foundation

Analysis

Bryan Area Foundation is a registered charity in United States, based in Bryan, OH. It received its IRS tax-exemption ruling in February 1970, 56 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 June 2024, Bryan Area Foundation reported income of $1.5m and spending of $1.6m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.6m to $1.5m (-58%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 41%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bryan Area Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include United Jewish Community of the Virginia Peninsula Endowment Inc ($1.5m), University of the Andes Foundation Inc ($1.5m) and Arizona Coyotes Foundation ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $114k (7.2% of expenses). Other salaries and wages came to $133k. At year end it held assets of $42.1m against liabilities of $776k, net assets of $41.4m. It reported 5 employees.