Brown Bear Corporation

Analysis

Brown Bear Corporation is a registered charity in United States, based in Harvard, IL. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2023, Brown Bear Corporation reported income of $5.2m and spending of $4.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $5.2m (+133%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brown Bear Corporation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Christian Community Service Center Inc ($5.2m), Primrose Center Inc ($5.2m) and Surrey Services for Seniors Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $112k (2.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $9.2m against liabilities of $788k, net assets of $8.4m. It reported 132 employees.