My Brothers Keeper Inc

Analysis

My Brothers Keeper Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, My Brothers Keeper Inc reported income of $236k and spending of $236k, spending 100% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $341k to $236k (-31%), an average of -8.8% a year. The sharpest change came in the year to October 2020, when income dropped by 36%. Over the whole period it spent 87% 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 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Mikeys Place ($236k), E & L Development Foundation ($236k) and Dream Team Foundation Inc ($236k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 69% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $120k (51% of expenses). Other salaries and wages came to $20k. At year end it held assets of $547k against liabilities of $732, net assets of $546k. It reported 4 employees.