Broken Men Foundation

Analysis

Broken Men Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Broken Men Foundation reported income of $202k and spending of $61k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $27k to $202k (+647%), an average of +173% a year. The sharpest change came in the year to December 2023, when income rose by 285%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broken Men Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Charter Oak Aquatic Club Inc ($202k), Kootenai Senior Citizens ($202k) and South Jones High School Band Parent Association ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,700 (16% of expenses). Other salaries and wages came to $25k. At year end it held assets of $0 against liabilities of $0, net assets of $0.