Branford Road Race Foundation Inc

Analysis

Branford Road Race Foundation Inc is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Branford Road Race Foundation Inc reported income of $94k and spending of $84k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $94k (+11%), an average of +11% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Branford Road Race Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Vertice Corporation for Local Development ($94k), Aikido of Fort Collins ($94k) and Second Chance of St Cloud ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.