Brian Cosgrove Memorial Fund Inc

Analysis

Brian Cosgrove Memorial Fund Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Brian Cosgrove Memorial Fund Inc reported income of $64k and spending of $64k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $64k (-1.0%), an average of -1.0% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brian Cosgrove Memorial Fund Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Parsons Educational Foundation ($64k), Everest Leadership Academy Inc ($64k) and Land Development Design Initiativeinc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.