Brown Advisory Charitable Foundation Inc
Brown Advisory Charitable Foundation consistently operates with zero officer compensation and minimal liabilities.
EIN: 10912891 · Baltimore, MD · NTEE: T20 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.2M |
| Program Spending | 95% |
| Net Assets | $4.9M |
| Transparency Score | 95/100 |
Is Brown Advisory Charitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brown Advisory Charitable Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brown Advisory Charitable Foundation Inc
Brown Advisory Charitable Foundation Inc (EIN: 10912891) is a nonprofit organization based in Baltimore, MD, classified under NTEE code T20. The organization reported total revenue of $4.6M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brown Advisory Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brown Advisory Charitable Foundation Inc is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-158,438 |
| Total Assets | $4.9M |
| Total Liabilities | $1 |
| Net Assets | $4.9M |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 18.5 months |
Financial Health Grade: B
In 2024, Brown Advisory Charitable Foundation Inc reported a deficit of $158K with expenses exceeding revenue, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Brown Advisory Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +49.6% | +33.7% | -3.7% |
| 2023 | -73.2% | +19.6% | -10.8% |
| 2022 | +540.9% | +42.9% | +4291.3% |
| 2021 | -6.4% | +20.4% | -60.7% |
| 2020 | +15.7% | -4.8% | +44.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brown Advisory Charitable Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Brown Advisory Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $158K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly commendable and suggests a volunteer-driven leadership or compensation covered by an affiliated entity, significantly enhancing the organization's spending efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Brown Advisory Charitable Foundation Inc:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Minimal liabilities across all reported periods, demonstrating strong financial management.
- Primary function as a grantmaking foundation (NTEE T20) ensures funds are directed to other charitable causes.
- Healthy asset base ($5,349,122 latest) relative to liabilities, providing financial stability.
Frequently Asked Questions about Brown Advisory Charitable Foundation Inc
Is Brown Advisory Charitable Foundation Inc a legitimate charity?
Brown Advisory Charitable Foundation Inc (EIN: 10912891) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.6M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Brown Advisory Charitable Foundation Inc spend its money?
Brown Advisory Charitable Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Brown Advisory Charitable Foundation Inc tax-deductible?
Brown Advisory Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10912891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Brown Advisory Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Brown Advisory Charitable Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brown Advisory Charitable Foundation Inc located?
Brown Advisory Charitable Foundation Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 10912891. It is classified under NTEE code T20.
How many years of IRS 990 filings does Brown Advisory Charitable Foundation Inc have?
Brown Advisory Charitable Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.6M in total revenue.
Is Brown Advisory Charitable Foundation Inc. a good charity?
Based on the provided IRS 990 data, Brown Advisory Charitable Foundation Inc. appears to be a very good charity. It consistently reports 0% officer compensation, maintains minimal liabilities, and its primary function as a grantmaking foundation means its expenses are largely program-related.
How does the foundation manage its administrative costs?
The foundation manages its administrative costs exceptionally well, as evidenced by the consistent reporting of 0% officer compensation across all filings. This suggests that administrative functions are either volunteer-driven or supported by an affiliated entity, keeping direct overhead very low.
What is the trend in the foundation's revenue and expenses?
The foundation's revenue has shown significant fluctuations, peaking at $7,482,112 in 2022 and most recently at $4,573,073. Expenses generally track revenue, with the organization often spending close to or slightly more than its revenue in some years (e.g., 202408: Revenue=$2,998,523, Expenses=$3,156,961), indicating active grantmaking.
Filing History
IRS 990 filing history for Brown Advisory Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Brown Advisory Charitable Foundation Inc's revenue has grown by 442.8%, moving from $552K to $3.0M. Total assets increased by 130197.2% over the same period, from $4K to $4.9M. Total functional expenses rose by 467.5%, from $556K to $3.2M. In its most recent filing year (2024), Brown Advisory Charitable Foundation Inc reported a deficit of $158K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.0M | $3.2M | $4.9M | $1 | — | — |
| 2023 | $2.0M | $2.4M | $5.1M | $1 | — | View 990 |
| 2022 | $7.5M | $2.0M | $5.7M | $1 | — | View 990 |
| 2021 | $1.2M | $1.4M | $129K | $1 | — | View 990 |
| 2020 | $1.2M | $1.1M | $329K | $1 | — | — |
| 2019 | $1.1M | $1.2M | $228K | $0 | — | View 990 |
| 2015 | $1.0M | $1.0M | $17K | $1 | — | View 990 |
| 2014 | $795K | $801K | $3K | $66 | — | View 990 |
| 2013 | $745K | $740K | $9K | $66 | — | View 990 |
| 2012 | $552K | $556K | $4K | $65 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.0M, expenses of $3.2M, and assets of $4.9M (revenue +49.6% year-over-year).
- 2023: Revenue of $2.0M, expenses of $2.4M, and assets of $5.1M (revenue -73.2% year-over-year).
- 2022: Revenue of $7.5M, expenses of $2.0M, and assets of $5.7M (revenue +540.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.4M, and assets of $129K (revenue -6.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $329K (revenue +15.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $228K (revenue +5.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $17K (revenue +28.3% year-over-year).
- 2014: Revenue of $795K, expenses of $801K, and assets of $3K (revenue +6.8% year-over-year).
- 2013: Revenue of $745K, expenses of $740K, and assets of $9K (revenue +34.9% year-over-year).
- 2012: Revenue of $552K, expenses of $556K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brown Advisory Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Brown Advisory Charitable Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.