Brothers Keeper Inc

Analysis

Brothers Keeper Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Brothers Keeper Inc reported income of $212k and spending of $205k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $212k (-11%), an average of -5.6% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brothers Keeper Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Piggott Housing Development Corporation ($212k), Cloville Homes Inc ($212k) and Rites of Passage Development Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $79k (39% of expenses). Other salaries and wages came to $19k. At year end it held assets of $180k against liabilities of $3,285, net assets of $177k. It reported 3 employees.