Brittingham Foundation Inc

Analysis

Brittingham Foundation Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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, Brittingham Foundation Inc reported income of $220k and spending of $81k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $220k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brittingham Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Mental Health America of South Carolina ($220k), Hebrew Free Loan Assn of Tucson ($220k) and Red Hook Child Care Center Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.