My Brothers Keeper Inc

Analysis

My Brothers Keeper Inc is a registered charity in United States, based in North Easton, MA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, My Brothers Keeper Inc reported income of $8.6m and spending of $7.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $8.6m (+105%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Brothers Keeper Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include NJ 211 Partnership a NJ Nonprofit Corporation ($8.6m), Community Action Agency Inc ($8.6m) and Allegan County Resource Development Committee Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $141k (2.0% of expenses). Other salaries and wages came to $916k. At year end it held assets of $10.9m against liabilities of $1.0m, net assets of $9.9m. It reported 26 employees.