Burn Foundation of America Inc

Analysis

Burn Foundation of America Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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, Burn Foundation of America Inc reported income of $1.2m and spending of $1.4m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burn Foundation of America Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Winding Brook School ($1.2m), Gettysburg Hospital Foundation ($1.2m) and North Columbus Jaycees Housing II Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $557k (38% of expenses). At year end it held assets of $1.9m against liabilities of $59k, net assets of $1.8m. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.