Brooks Elementary School Foundation

Analysis

Brooks Elementary School Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Brooks Elementary School Foundation reported income of $73k and spending of $71k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $30k to $73k (+139%), an average of +55% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooks Elementary School Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include St Cloud Tech Boys Hockey Boosters ($73k), Project Echo ($73k) and RMHS Athletic Booster Club Inc ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.