Brothers Organized to Serve Others Incorporated

Analysis

Brothers Organized to Serve Others Incorporated is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Brothers Organized to Serve Others Incorporated reported income of $81k and spending of $98k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $81k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Brothers Organized to Serve Others Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Barn Ministry Inc ($81k), Pembroke Titans Football & Cheerleading Inc ($81k) and The Lincoln High School Bandparents Association ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.