Brigitte & Bobby Sherman Foundation

Analysis

Brigitte & Bobby Sherman Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brigitte & Bobby Sherman Foundation reported income of $1.9m and spending of $1.3m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Brigitte & Bobby Sherman Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include International Esperanza Project ($1.9m), Morning Star Development ($1.9m) and Potters House Association Internationl Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $435k (33% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.