Britney Lee Foundation Inc

Analysis

Britney Lee Foundation Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in October 2018, 8 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, Britney Lee Foundation Inc reported income of $60k and spending of $16k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $60k (+214%), an average of +214% a year. The sharpest change came in the year to December 2023, when income rose by 214%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Britney Lee Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include T Wall Foundation ($60k), Friends of the Omaha Farmers Market ($60k) and Community Cupboard of Yuma Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.