Brunswick Educational Foundation

Analysis

Brunswick Educational Foundation is a registered charity in United States, based in Brunswick, OH. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Brunswick Educational Foundation reported income of $63k and spending of $52k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $24k to $63k (+167%), an average of +39% a year. The sharpest change came in the year to June 2022, when income rose by 161%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brunswick Educational Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Paulding County High School Band Boosters Inc ($63k), Alex Foundation ($63k) and Webb Alumni Association Inc ($63k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.