Brainfutures Incorporated

Analysis

Brainfutures Incorporated is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in December 1975, 51 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 June 2023, Brainfutures Incorporated reported income of $910k and spending of $1.1m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $282k to $910k (+222%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 175%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brainfutures Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Tennessee Memory Disorders Foundation ($910k), American Academy of Home Care Medicine Inc ($911k) and Parents Resource Institute for Drug Education Inc of Tuscaloosa ($910k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.1m against liabilities of $374k, net assets of $769k.