Braination Foundation

Analysis

Braination Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Braination Foundation reported income of $1.1m and spending of $1.1m, spending 98% of its income. The sharpest change came in the year to August 2023, when income rose by 14063%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Braination Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Brain Box Literacy Academy and Educational Services Inc ($1.1m), Hca Foundation ($1.1m) and Every Shelter Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $335k against liabilities of $41k, net assets of $294k.