Branch Family Institute Inc

Analysis

Branch Family Institute Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Branch Family Institute Inc reported income of $715k and spending of $711k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $715k (+607%), an average of +63% a year. The sharpest change came in the year to December 2021, when income rose by 1187%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Branch Family Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Sciboston Inc ($715k), Family Counseling Service of West Alabama Inc ($715k) and Zero Hour Life Center Inc ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $269k. At year end it held assets of $30k against liabilities of $17k, net assets of $13k. It reported 6 employees.