The Brotherhood Sister Sol Inc

Analysis

The Brotherhood Sister Sol Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, The Brotherhood Sister Sol Inc reported income of $10.3m and spending of $9.7m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.6m to $10.3m (+126%), an average of +23% a year. The sharpest change came in the year to August 2020, when income rose by 108%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Brotherhood Sister Sol Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Boy Scouts of America ($10.2m), Civicorps ($10.3m) and Boys & Girls Clubs of Southern Nevada ($10.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $626k (6.5% of expenses). Other salaries and wages came to $3.7m. It paid $65k in professional fundraising fees. At year end it held assets of $26.8m against liabilities of $4.4m, net assets of $22.4m. It reported 57 employees.