Brookfield Community Betterment Inc

Analysis

Brookfield Community Betterment Inc is a registered charity in United States, based in Brookfield, MO. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Brookfield Community Betterment Inc reported income of $121k and spending of $110k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $100k to $121k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brookfield Community Betterment Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MO. Charities of a similar size with the same main cause include Pride Productions Inc ($121k), Black Healing Fund ($121k) and Greeley County Community Development Inc ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 2.9% of the total. At year end it held assets of $204k against liabilities of $33k, net assets of $171k.