Eddie C and C Sylvia Brown Family Foundation Inc

Analysis

Eddie C and C Sylvia Brown Family Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eddie C and C Sylvia Brown Family Foundation Inc reported income of $320k and spending of $165k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $320k (-88%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 89%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eddie C and C Sylvia Brown Family Foundation Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Outriggercares Foundation ($320k), Armstead Academic Project ($320k) and LT Dennis W Zilinski II Memorial Fund a NJ Non Profit Corporation ($320k).

At year end it held assets of $3.6m against liabilities of $8,313, net assets of $3.6m.