Brandermill Woods Foundation Inc

Analysis

Brandermill Woods Foundation Inc is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Brandermill Woods Foundation Inc reported income of $79k and spending of $122k, spending 154% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $66k to $79k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brandermill Woods Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Boynton Beach Firefighter Benevolent Assoc Inc ($79k), Right for One Ministries ($79k) and Foundation for Fallen Linemen ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $365k against liabilities of $6,033, net assets of $359k.