The Brick Ministries Inc

Analysis

The Brick Ministries Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2022, The Brick Ministries Inc reported income of $848k and spending of $850k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $818k to $848k (+3.6%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Brick Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Covenant to Care Inc ($848k), Young Womens Christian Association ($848k) and Florida Partnership to End Domestic Violence ($848k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 37% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $55k (6.4% of expenses). Other salaries and wages came to $108k. At year end it held assets of $674k against liabilities of $162k, net assets of $512k. It reported 5 employees.