Briermost Foundation

Analysis

Briermost Foundation is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Briermost Foundation reported income of $446k and spending of $453k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $446k (+205%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 341%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Briermost 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 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Giving Recovery a Chance Everday Inc ($446k), Friends of Mercy Medical Center Inc ($446k) and New Hope Center for Grief Support Inc ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $114k. At year end it held assets of $679k against liabilities of $19k, net assets of $661k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.