Breman Foundation Inc

Analysis

Breman Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Breman Foundation Inc reported income of $684k and spending of $764k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.6m to $684k (-90%), an average of -43% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Breman Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Navigant Credit Union Charitable Foundation Inc ($683k), Cedar Falls Community Foundation Inc ($685k) and Beth El Foundation of Minnesota Inc ($682k).

At year end it held assets of $16.2m against liabilities of $0, net assets of $16.2m.