Stephen Breen Memorial Foundation Inc

Analysis

Stephen Breen Memorial Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2005, 21 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 December 2023, Stephen Breen Memorial Foundation Inc reported income of $295k and spending of $245k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $295k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stephen Breen Memorial Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Lancaster-Lebanon Education Foundation ($295k), West Virginia Sheet Metal Workers Joint Apprenticeship Training ($296k) and Give a Little ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.