Brent Eley Foundation

Analysis

Brent Eley Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover health care, 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, Brent Eley Foundation reported income of $4.9m and spending of $4.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.9m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 239%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brent Eley Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Research to Prevent Blindness Inc ($4.9m), Associates in Counseling and Child Guidance ($4.9m) and Thrive Allen County Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $356k (7.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $20.1m against liabilities of $257k, net assets of $19.8m. It reported 22 employees.