Brody Foundation Inc

Analysis

Brody Foundation Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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 June 2023, Brody Foundation Inc reported income of $470k and spending of $535k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $464k to $470k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 144%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brody Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Kids Korner Day Care Center Inc ($470k), Rouse-Brokenstraw Associates Corporation ($470k) and Haskell County Ambulance Service Inc ($470k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $11.2m against liabilities of $7,189, net assets of $11.2m.