Greater Brandon Community Foundation Inc

Analysis

Greater Brandon Community Foundation Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greater Brandon Community Foundation Inc reported income of $240k and spending of $218k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $240k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Brandon Community Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Berkshire Dream Center Inc ($240k), Michigan American Legion Foundation ($240k) and Leitersburg Ruritan Community Center Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $60k (27% of expenses). Other salaries and wages came to $23k. At year end it held assets of $294k against liabilities of $450, net assets of $294k. It reported 4 employees.