Brain Foundation

Analysis

Brain Foundation is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Brain Foundation reported income of $1.8m and spending of $1.2m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $1.8m (+678%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 431%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brain Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Health Improvement Partnership of Santa Cruz County Inc ($1.8m), Lowcountry Pregnancy Center ($1.8m) and Mission Doctors Group ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.7m against liabilities of $179k, net assets of $2.5m.