Brown-Wilcox Trustees Company Inc Brown-Wilcox Home for the Aged

Analysis

Brown-Wilcox Trustees Company Inc Brown-Wilcox Home for the Aged is a registered charity in United States, based in Berlin, WI. It received its IRS tax-exemption ruling in February 1950, 76 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Brown-Wilcox Trustees Company Inc Brown-Wilcox Home for the Aged reported income of $2.3m and spending of $1.4m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $731k to $2.3m (+211%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brown-Wilcox Trustees Company Inc Brown-Wilcox Home for the Aged sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Mary Walker TW 657 C-Ch 009182 ($2.3m), Gibson Area Hospital Foundation ($2.3m) and Crime Victim Center of Erie County Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 26% of the total. Other salaries and wages came to $866k. At year end it held assets of $6.4m against liabilities of -$73, net assets of $6.4m. It reported 34 employees.