Community Foundation of Brazoria County Texas
Analysis
Community Foundation of Brazoria County Texas is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in June 1994, 32 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 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 June 2023, Community Foundation of Brazoria County Texas reported income of $821k and spending of $791k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $502k to $821k (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Brazoria County Texas sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Generous Life Inc ($820k), Pcpa Foundation a California Nonprofit Public Benefit Corp ($821k) and Keren Yad Veizer Inc ($820k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $37k (4.6% of expenses). Other salaries and wages came to $5,911. At year end it held assets of $2.6m against liabilities of $584, net assets of $2.6m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Generous Life Inc | Ridgefield | $820k |
| Pcpa Foundation a California Nonprofit Public Benefit Corp | Santa Maria | $821k |
| Keren Yad Veizer Inc | Monsey | $820k |
| Wegiveashare Inc | Asheville | $822k |