Bruin Sig Foundation

Analysis

Bruin Sig Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bruin Sig Foundation reported income of $206k and spending of $95k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $206k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bruin Sig Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Cyber Texas Foundation Inc ($206k), Ace Scholarship Foundation of New York Inc ($206k) and Summit High School Athletic Booster Club ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $75k in professional fundraising fees. At year end it held assets of $170k against liabilities of $27k, net assets of $143k.