Bronco Bench Foundation

Analysis

Bronco Bench Foundation is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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, Bronco Bench Foundation reported income of $2.3m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bronco Bench Foundation 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 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Access Central Coast ($2.3m), Nebraska Journalism Trust ($2.3m) and Landing School of Boatbuilding and Design ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% of the total. Other salaries and wages came to $3,255. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.