P F Bresee Foundation

Analysis

P F Bresee Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 June 2023, P F Bresee Foundation reported income of $4.5m and spending of $4.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, P F Bresee Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include The Center for Teen Empowerment Inc ($4.5m), Highland Lakes Baptist Encampment Inc ($4.5m) and Luther Manor Association ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $381k (8.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.8m against liabilities of $205k, net assets of $3.6m. It reported 66 employees.