Brockstrong Foundation

Analysis

Brockstrong Foundation is a registered charity in United States, based in Canal WNCHSTR, OH. It received its IRS tax-exemption ruling in August 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brockstrong Foundation reported income of $282k and spending of $315k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $282k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brockstrong Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include DFW Ncda Charities Inc ($282k), Hope for Autumn Foundation ($282k) and Good Neighbor Network ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.