The Burke Foundation

Analysis

The Burke Foundation is a registered charity in United States, based in Driftwood, TX. It received its IRS tax-exemption ruling in June 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Burke Foundation reported income of $5.3m and spending of $4.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.5m to $5.3m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Burke Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Bay Farm Montessori Academy Inc ($5.3m), Center for Community Inc ($5.3m) and Cristo Rey Brooklyn High School ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $203k (4.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $10.3m against liabilities of $329k, net assets of $10.0m. It reported 69 employees.