Brothers in Arms Foundation Inc

Analysis

Brothers in Arms Foundation Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Brothers in Arms Foundation Inc reported income of $309k and spending of $154k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $268k to $309k (+15%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brothers in Arms Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Little Britches Therapeutic Riding Inc ($309k), The Illinois Autism Development Center ($309k) and Winchester Medical Center Auxiliary Inc ($309k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 165% of the total. At year end it held assets of $170k against liabilities of $33k, net assets of $137k.