Brunswick Athletic Foundation

Analysis

Brunswick Athletic Foundation is a registered charity in United States, based in Brunswick, OH. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brunswick Athletic Foundation reported income of $251k and spending of $246k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $319k to $251k (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brunswick Athletic Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Literacy Action of Central Arkansas Inc ($251k), Fundacion Balsiero ($251k) and Coalition for Physician Well Being Inc ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 17% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.