Briggs-De Laine-Pearson Foundation

Analysis

Briggs-De Laine-Pearson Foundation is a registered charity in United States, based in Summerton, SC. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Briggs-De Laine-Pearson Foundation reported income of $80k and spending of $13k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $80k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 9.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Briggs-De Laine-Pearson Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Ocean City Fine Arts League Inc ($79k), Gulf Coast Mens Chorus ($80k) and Alleghany Community Television ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $849k against liabilities of $172k, net assets of $678k.