Brannan Charitable Trust

Analysis

Brannan Charitable Trust is a registered charity in United States, based in Marietta, OK. It received its IRS tax-exemption ruling in November 1974, 52 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 December 2023, Brannan Charitable Trust reported income of $279k and spending of $43k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $279k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income dropped by 219%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brannan Charitable Trust sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include The League Treatment Center Inc ($279k), Artworks Big Rapids Area Arts and Humanities ($279k) and Breakthrough Mens Community ($279k).

Other salaries and wages came to $3,662. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.