My Brothers Keeper Community Services

Analysis

My Brothers Keeper Community Services is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in January 2004, 22 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, My Brothers Keeper Community Services reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $809k to $1.1m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, My Brothers Keeper Community Services sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Udi-Community Development Corporation ($1.1m), Mercer Island Schools Foundation ($1.1m) and Total Futbol Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $414k (36% of expenses). Other salaries and wages came to $301k. At year end it held assets of $20k against liabilities of $20k, net assets of $0. It reported 19 employees.