Brothers and Sisters of Love

Analysis

Brothers and Sisters of Love is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 and Sisters of Love reported income of $64k and spending of $73k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $64k (-15%), an average of -15% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brothers and Sisters of Love sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Cascade Orienteering Club ($64k), Mac Foundation ($64k) and Jain Center of Minnesota ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.