Broach Foundation for Brain Cancer Research

Analysis

Broach Foundation for Brain Cancer Research is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Broach Foundation for Brain Cancer Research reported income of $325k and spending of $64k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $515k to $325k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Broach Foundation for Brain Cancer Research sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Penn Mahoning Ambulance Association ($325k), Snapcap Inc ($325k) and Endometriosis Assoc Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 142% of the total. Compensation of current officers, directors and key employees was $48k (75% of expenses). At year end it held assets of $531k against liabilities of $33k, net assets of $498k.