Brazoria Heritage Foundation Inc

Analysis

Brazoria Heritage Foundation Inc is a registered charity in United States, based in Brazoria, TX. It received its IRS tax-exemption ruling in February 2005, 21 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 December 2023, Brazoria Heritage Foundation Inc reported income of $147k and spending of $146k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $147k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brazoria Heritage Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($147k), Flame of Truth ($147k) and Love in Action Ministries Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 53% of the total. At year end it held assets of $1.4m against liabilities of $62k, net assets of $1.4m.