Brandon Tolson Foundation Inc

Analysis

Brandon Tolson Foundation Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brandon Tolson Foundation Inc reported income of $207k and spending of $146k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $207k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brandon Tolson Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Mozell Sanders Foundation Inc ($207k), Stoney Point Camp Inc ($207k) and Viswa Veda Parayana Brindam ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% of the total. Compensation of current officers, directors and key employees was $18k (13% of expenses). At year end it held assets of $121k against liabilities of $5,993, net assets of $115k.