Little Brothers-Friends of the Elderly

Analysis

Little Brothers-Friends of the Elderly is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover human services, 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 September 2023, Little Brothers-Friends of the Elderly reported income of $4.5m and spending of $4.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $4.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Brothers-Friends of the Elderly 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 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Maple Shade Youth & Family Services Inc ($4.5m), 4 Paws for Ability Inc ($4.5m) and Care & Share Shoppes Inc ($4.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $386k (9.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.4m against liabilities of $268k, net assets of $5.1m. It reported 41 employees.