Brigance Brigade Foundation Inc

Analysis

Brigance Brigade Foundation Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in January 2013, 13 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 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, Brigance Brigade Foundation Inc reported income of $406k and spending of $513k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $475k to $406k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brigance Brigade Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Provident Charities Inc ($406k), Hilton Head Heroes Inc ($406k) and Imagine Awards ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $141k. At year end it held assets of $735k against liabilities of $14k, net assets of $722k. It reported 3 employees.