Citadel Brigadier Foundation Inc

Analysis

Citadel Brigadier Foundation Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in May 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Citadel Brigadier Foundation Inc reported income of $4.5m and spending of $3.1m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.5m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Citadel Brigadier Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Fellowship Academy ($4.5m), Multicultural Academy Charter School ($4.5m) and Central Kentucky Special Education Co-Operative ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $349k. At year end it held assets of $33.4m against liabilities of $133k, net assets of $33.3m. It reported 5 employees.