Brethren Care Foundation

Analysis

Brethren Care Foundation is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brethren Care Foundation reported income of $139k and spending of $66k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $139k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brethren Care Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Union County Historical Society of Union South Carolina ($139k), Kansas Association of School Administrators ($139k) and Road Runners Club ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $33k. At year end it held assets of $2.6m against liabilities of $475k, net assets of $2.2m.