Brook Ministries Inc

Analysis

Brook Ministries Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in February 2009, 17 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 December 2022, Brook Ministries Inc reported income of $249k and spending of $239k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $273k to $249k (-8.9%), an average of -3.0% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Brook Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Tristate Foundation ($249k), River City Missions Inc ($249k) and Fullvalue Ministries ($248k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (35% of expenses). At year end it held assets of $166k against liabilities of $0, net assets of $166k. It reported 1 employees.