The Endowment Fund for the Val a Browing Technology Learning

Analysis

The Endowment Fund for the Val a Browing Technology Learning is a registered charity in United States, based in Brentwood, NY. It received its IRS tax-exemption ruling in April 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Endowment Fund for the Val a Browing Technology Learning reported income of $538k and spending of $80k, leaving 85% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $79k to $538k (+584%), an average of +62% a year. The sharpest change came in the year to June 2023, when income rose by 459%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Endowment Fund for the Val a Browing Technology Learning sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include United Way of West Central Minnesota ($538k), CRC Cares Foundation ($539k) and Phillips County Community Foundation Inc ($538k).

Compensation of current officers, directors and key employees was $8,212 (10% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.