Little Brothers Friends of Theelderly

Analysis

Little Brothers Friends of Theelderly is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Little Brothers Friends of Theelderly reported income of $451k and spending of $495k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $257k to $451k (+76%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Little Brothers Friends of Theelderly sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Wisconsin Inmate Education Association Inc ($451k), Mother of Mercy House Inc ($452k) and Guided Impact Foundation Inc ($451k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $240k (48% of expenses). Other salaries and wages came to $1,984. At year end it held assets of $515k against liabilities of $26k, net assets of $489k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.