Love Your Brain Foundation Inc
Analysis
Love Your Brain Foundation Inc is a registered charity in United States, based in Windsor, VT. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Love Your Brain Foundation Inc reported income of $1.1m and spending of $896k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $857k to $1.1m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Your Brain Foundation Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within VT. Charities of a similar size with the same main cause include FQHC Health Network Inc NFP ($1.1m), Make-A-Wish Foundation of the Rio Grande Valley ($1.1m) and Positive Connection Care Inc ($1.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $95k (11% of expenses). Other salaries and wages came to $423k. At year end it held assets of $2.2m against liabilities of $145k, net assets of $2.0m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 12%
- Other 7.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| FQHC Health Network Inc NFP | Virginia | $1.1m |
| Make-A-Wish Foundation of the Rio Grande Valley | McAllen | $1.1m |
| Positive Connection Care Inc | Greensboro | $1.1m |
| The Refugee Collective | Austin | $1.1m |