Brat Fest Inc

Analysis

Brat Fest Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 2008, 18 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 September 2023, Brat Fest Inc reported income of $893k and spending of $761k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $893k (-13%), an average of -3.4% a year. The sharpest change came in the year to September 2022, when income rose by 448%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brat Fest Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Northern California Pga Foundation ($893k), Family Faith and Freedom Foundation ($893k) and Sudc Foundation ($892k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.