Marjorie M Bringe Charitable TR

Analysis

Marjorie M Bringe Charitable TR is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marjorie M Bringe Charitable TR reported income of $894k and spending of $667k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $894k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marjorie M Bringe Charitable TR sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Family Faith and Freedom Foundation ($893k), Kingdomworks SDG Foundation ($894k) and Brat Fest Inc ($893k).

Compensation of current officers, directors and key employees was $101k (15% of expenses). At year end it held assets of $20.1m against liabilities of $555k, net assets of $19.6m. It reported 1 employees.