Burton Foundation

Analysis

Burton Foundation is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Burton Foundation reported income of $2.1m and spending of $739k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.1m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burton Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Donate Life America ($2.1m), The Art League of Manatee County ($2.1m) and Assurance Home Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $196k (27% of expenses). Other salaries and wages came to $99k. At year end it held assets of $14.9m against liabilities of $1.5m, net assets of $13.4m. It reported 4 employees.