Otis and Rosie Brown Foundation

Analysis

Otis and Rosie Brown Foundation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in October 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Otis and Rosie Brown Foundation reported income of $327k and spending of $251k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $259k to $327k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Otis and Rosie Brown Foundation sits at the 67th percentile: it is larger than about 67% 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 Mission 2540 ($327k), International Access to Missions ($327k) and Florida State Fair Foundation Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. Compensation of current officers, directors and key employees was $24k (9.7% of expenses). At year end it held assets of $471k against liabilities of $0, net assets of $471k.