Brownsburg Education Foundation Inc

Analysis

Brownsburg Education Foundation Inc is a registered charity in United States, based in Brownsburg, IN. It received its IRS tax-exemption ruling in February 1988, 38 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, Brownsburg Education Foundation Inc reported income of $357k and spending of $289k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $357k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brownsburg Education Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Buena Vista Regional Healthcare Foundation ($357k), Southwest Iowa Housing Trust Fund Inc ($357k) and Hope Library Association ($357k).

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 $1.6m against liabilities of $0, net assets of $1.6m.