Brethren Charity Fund Inc

Analysis

Brethren Charity Fund Inc is a registered charity in United States, based in Greenville, OH. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Brethren Charity Fund Inc reported income of $957k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $793k to $957k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brethren Charity Fund Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Greenwood Lake Public Library ($957k), Sheriff Arnotts Distinguished Posse Inc ($957k) and After School Discovery Inc ($957k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $431k against liabilities of $82k, net assets of $349k.

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.