My Brothers Keeper

Analysis

My Brothers Keeper is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, My Brothers Keeper reported income of $6.2m and spending of $6.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $6.2m (+15%), an average of +3.6% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Brothers Keeper sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Childrens Hope Alliance ($6.2m), Russell Child Development Center Inc ($6.2m) and Outreach Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $198k (3.1% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $2.7m against liabilities of $37k, net assets of $2.7m. It reported 267 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.