Rex & Brody Foundation Inc

Analysis

Rex & Brody Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Rex & Brody Foundation Inc reported income of $510k and spending of $119k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $510k (+312%), an average of +312% a year. The sharpest change came in the year to December 2023, when income rose by 312%. Over the whole period it spent 32% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rex & Brody Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Steamboat Springs Youth Hockey ($510k), Rebels Softball Inc ($511k) and Northern Indiana Football Club Academy Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $507k against liabilities of $0, net assets of $507k.