The Born to Run Foundation Inc

Analysis

The Born to Run Foundation Inc is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in November 2020, 6 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 December 2023, The Born to Run Foundation Inc reported income of $298k and spending of $130k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $167k to $298k (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Born to Run Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Florida Fellowship Foundation Inc ($297k), International Society for Better Health Access ($298k) and Mt Angel Community Foundation ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (21% of expenses). At year end it held assets of $163k against liabilities of $0, net assets of $163k.