Brody Michael Foundation

Analysis

Brody Michael Foundation is a registered charity in United States, based in Destin, FL. It received its IRS tax-exemption ruling in August 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, Brody Michael Foundation reported income of $92k and spending of $30k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $92k (-1.8%), an average of -1.8% a year. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brody Michael Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Lake County Food Pantry Inc ($92k), Community Service Network Inc ($92k) and J T & E J Crumbaugh TR ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.0% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.