Brothers Communities and Ministries Investment Trust

Analysis

Brothers Communities and Ministries Investment Trust is a registered charity in United States, based in Elk Grove VLG, IL. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brothers Communities and Ministries Investment Trust reported income of $15.9m and spending of $15.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $15.9m (+14645%), an average of +248% a year. The sharpest change came in the year to December 2023, when income rose by 19186%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brothers Communities and Ministries Investment Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Community Foundation for Mississippi ($15.8m), Rochester Area Foundation ($15.9m) and Franciscan Sisters of Chicago Service Corporation ($15.8m).

At year end it held assets of $135.3m against liabilities of $0, net assets of $135.3m.