Bruce L Crary Foundation Inc

Analysis

Bruce L Crary Foundation Inc is a registered charity in United States, based in Elizabethtown, NY. It received its IRS tax-exemption ruling in February 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bruce L Crary Foundation Inc reported income of $324k and spending of $445k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $437k to $324k (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income rose by 473%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bruce L Crary Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Leadership Institute of Seattle ($324k), Educational Center for Applied Ekistics Inc ($324k) and Opportunity for All Kids Foundation ($324k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% of the total. Compensation of current officers, directors and key employees was $59k (13% of expenses). Other salaries and wages came to $4,674. At year end it held assets of $10.2m against liabilities of $2,878, net assets of $10.2m. It reported 2 employees.