Bratenahl Community Foundation

Analysis

Bratenahl Community Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1971, 55 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, Bratenahl Community Foundation reported income of $86k and spending of $62k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $86k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bratenahl Community Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Joyal Capital Management Foundation Inc ($86k), Old Mission Rotary Club Foundation ($86k) and Cise Education Fund ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 80% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.