Barrett Strong Foundation

Analysis

Barrett Strong Foundation is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover medical research, 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, Barrett Strong Foundation reported income of $71k and spending of $63k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $71k (-12%), an average of -12% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Barrett Strong Foundation 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 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Lyonheart Equine Assisted Learning ($71k), Niagara Area Emergency Unit Inc ($71k) and Mission & Welfare International ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.