Brainsurge Global Support Foundation Inc

Analysis

Brainsurge Global Support Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Brainsurge Global Support Foundation Inc reported income of $142k and spending of $164k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $326k to $142k (-56%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brainsurge Global Support Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include We KC Inc ($142k), Lake Region Electric Trust ($142k) and American Friends of Bshvilaych ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.