Brooke Healey Foundation

Analysis

Brooke Healey Foundation is a registered charity in United States, based in Basking Ridge, NJ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2022, Brooke Healey Foundation reported income of $563k and spending of $319k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $135k to $563k (+316%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brooke Healey Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include San Jose Moscati Medical Home ($563k), New Promise Foundation Inc ($563k) and Recovery for the City International Inc ($563k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. At year end it held assets of $660k against liabilities of $0, net assets of $660k.