Breannas Gift

Analysis

Breannas Gift is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Breannas Gift reported income of $132k and spending of $149k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $132k (+4.6%), an average of +4.6% a year. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Breannas Gift sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Louisville Orchestra Endowment Inc ($132k), The Playcrafters Incorporated ($132k) and Swartz Creek Hometown Days Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $132k against liabilities of $1,963, net assets of $130k.