Brethren Retirement Community

Analysis

Brethren Retirement Community is a registered charity in United States, based in Greenville, OH. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brethren Retirement Community reported income of $21.5m and spending of $23.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.5m to $21.5m (+4.9%), an average of +1.2% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brethren Retirement Community sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include CFS Self-Directed Supports Inc ($21.5m), Friendsview Manor ($21.5m) and Pro Action of Steuben and Yates Inc ($21.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $777k (3.4% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $41.6m against liabilities of $31.4m, net assets of $10.2m. It reported 422 employees.