Bnai Brith Covenant House of Peoria

Analysis

Bnai Brith Covenant House of Peoria is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in May 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bnai Brith Covenant House of Peoria reported income of $3.4m and spending of $3.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.4m (+3.0%), an average of +0.7% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bnai Brith Covenant House of Peoria sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Eden I & R Inc ($3.4m), State Center Community College Foundation ($3.4m) and Pilgrim Skating Arena Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $3.1m against liabilities of $7.0m, net assets of -$3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.