Bruning Community Foundation Inc

Analysis

Bruning Community Foundation Inc is a registered charity in United States, based in Bruning, NE. It received its IRS tax-exemption ruling in July 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Bruning Community Foundation Inc reported income of $68k and spending of $289k, spending 428% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $291k to $68k (-77%), an average of -31% a year. The sharpest change came in the year to March 2024, when income dropped by 64%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bruning Community Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within NE. Charities of a similar size with the same main cause include BSG Events Inc ($68k), Tap Charity Inc ($68k) and Columbia Jewish Foundation Inc ($68k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 69% and program service revenue 11% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.