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The Brandlab

RegisteredEIN 80-0199088Minneapolis, MNChildren and youth development
Income$1.8m2024-06
Spending$2.5msame year
Spent / received101%5-year average
Size in its cause91st pctChildren and youth development
Exempt since2008Publicly supported organisat
Employees150latest return

Analysis

The Brandlab is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, The Brandlab reported income of $1.8m and spending of $2.5m, spending 141% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 117%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Brandlab sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Before After School Enrichment Inc ($1.8m), Ma Ka Hana Ka Ike Building Program ($1.8m) and Catholic Youth Organization of the Archdiocese of Indianapolis Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $207k (8.3% of expenses). Other salaries and wages came to $1.5m. It paid $6,174 in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $289k, net assets of $715k. It reported 150 employees.

Income and spending

$0$700k$1.4m$2.1m$2.8m2020 Income: $1,289,4952020 Spending: $983,41520202021 Income: $2,799,1672021 Spending: $1,284,04120212022 Income: $2,203,6102022 Spending: $2,104,29220222023 Income: $1,492,8002023 Spending: $2,763,25920232024 Income: $1,769,5492024 Spending: $2,491,0852024
IncomeSpending

Where the income comes from

  • Contributions & grants 73%
  • Program services 20%
  • Other 7.2%

Similar-sized charities, same cause

CharityLocationIncome
Before After School Enrichment IncOceanside$1.8m
Ma Ka Hana Ka Ike Building ProgramHana$1.8m
Catholic Youth Organization of the Archdiocese of Indianapolis IncIndianapolis$1.8m
Boys & Girls Clubs of San Juan CountyFarmington$1.8m