Brother Benno Foundation Inc

Analysis

Brother Benno Foundation Inc is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 July 2022, Brother Benno Foundation Inc reported income of $5.0m and spending of $5.3m, spending 106% of what it took in. Across the 4 years on record, from July 2019 to July 2022, income fell from $5.3m to $5.0m (-5.8%), an average of -2.0% a year. The sharpest change came in the year to July 2020, when income dropped by 24%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brother Benno Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Maple Leaf Services Inc ($5.0m), West Midland Family Center ($5.0m) and Southern Christian Services for Children and Youth Inc ($5.0m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $817k. At year end it held assets of $5.6m against liabilities of $129k, net assets of $5.5m. It reported 28 employees.