Brit Foundation

Analysis

Brit Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brit Foundation reported income of $146k and spending of $2.9m, spending 1961% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.6m to $146k (-98%), an average of -62% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 136% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Brit Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Bowling Green Recycling Center Inc ($146k), Homecoming Coming Home to Long Island Inc ($146k) and Lake County Farm Bureau Education Corporation ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $71.4m against liabilities of $0, net assets of $71.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.