Bram Institute Corporation

Analysis

Bram Institute Corporation is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1988, 38 years ago. 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 June 2024, Bram Institute Corporation reported income of $550k and spending of $503k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $448k to $550k (+23%), an average of +5.3% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bram Institute Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Bridges to Community Inc ($550k), Vergennes Area Rescue Squad ($550k) and Lynda Tait Ministries Inc ($550k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $55k (11% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.3m against liabilities of $168k, net assets of $1.1m. It reported 5 employees.