Brown Memorial Home Inc

Analysis

Brown Memorial Home Inc is a registered charity in United States, based in Circleville, OH. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Brown Memorial Home Inc reported income of $4.5m and spending of $4.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.5m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brown Memorial Home Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Kaleo Foundation ($4.5m), Variety Club Charity for Children Inc ($4.5m) and Wood County Committee on Aging ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $187k (4.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.1m against liabilities of $614k, net assets of $1.5m. It reported 97 employees.