James V Brown Lib Endow FD

Analysis

James V Brown Lib Endow FD is a registered charity in United States, based in Williamsport, PA. It received its IRS tax-exemption ruling in November 1948, 78 years ago. 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, James V Brown Lib Endow FD reported income of $2.8m and spending of $2.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.8m (+8.6%), an average of +2.1% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James V Brown Lib Endow FD sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Ann Arbor ($2.8m), Richmond Waldorf School ($2.8m) and Habitat for Humanity International Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $229k (8.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $13.4m against liabilities of $111k, net assets of $13.3m. It reported 41 employees.