Brooke Industries Inc

Analysis

Brooke Industries Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in May 1966, 60 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, Brooke Industries Inc reported income of $1.9m and spending of $2.4m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.9m (-12%), an average of -3.2% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brooke Industries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Lift Urban Portland ($1.9m), New Hope Christian Schools Inc ($1.9m) and El Dorado County Fair Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 47% of the total. Other salaries and wages came to $985k. At year end it held assets of $4.8m against liabilities of $51k, net assets of $4.8m. It reported 117 employees.