Brookshire Brothers Charitable Foundation

Analysis

Brookshire Brothers Charitable Foundation is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in May 2009, 17 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 December 2023, Brookshire Brothers Charitable Foundation reported income of $418k and spending of $144k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $418k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brookshire Brothers Charitable Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Ivan & Caroline Wilson Memorial TR II ($418k), American Friends of Yeshiva Das Torah ($418k) and Dragon Kim Foundation ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.8m against liabilities of $123k, net assets of $1.7m.