Be Like Brit Foundation Inc

Analysis

Be Like Brit Foundation Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Be Like Brit Foundation Inc reported income of $1.3m and spending of $1.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Be Like Brit Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Aleph Society Inc ($1.3m), Allied Extract Afghanistan ($1.3m) and Schools for Haiti Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $163k (10% of expenses). Other salaries and wages came to $270k. At year end it held assets of $2.9m against liabilities of $271k, net assets of $2.6m. It reported 7 employees.