Stanley Fund for the Broad Institute

Analysis

Stanley Fund for the Broad Institute is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in December 2014, 12 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stanley Fund for the Broad Institute reported income of $1.5m and spending of $59.9m, spending 4054% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $85.9m to $1.5m (-98%), an average of -64% a year. The sharpest change came in the year to December 2021, when income rose by 227%. Over the whole period it spent 127% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stanley Fund for the Broad Institute sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Science Buddies ($1.5m), Oklahoma School of Science Mathematics Foundation ($1.5m) and United Mid-Coast Charities Inc ($1.5m).

At year end it held assets of $1.6m against liabilities of $16k, net assets of $1.6m.