Brothers United

Analysis

Brothers United is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 United reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $916k to $2.8m (+208%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brothers United 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 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Organization for Autism Research Inc ($2.8m), N C Little Memorial Hospice Inc ($2.8m) and Hurley Health Services ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $123k (4.3% of expenses). Other salaries and wages came to $903k. At year end it held assets of $1.0m against liabilities of $406k, net assets of $600k. It reported 26 employees.