Brookdale Community College Foundation Trust

Analysis

Brookdale Community College Foundation Trust is a registered charity in United States, based in Lincroft, NJ. It received its IRS tax-exemption ruling in September 1973, 53 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 2023, Brookdale Community College Foundation Trust reported income of $1.2m and spending of $739k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.2m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2023, when income rose by 258%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brookdale Community College Foundation Trust sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Glenda G Morgan Charitable Foundation Inc ($1.2m), Tri-County Foundation ($1.2m) and Nanuet Family Resources Center Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $8.1m against liabilities of $268k, net assets of $7.8m.