Brotherhood Inc

Analysis

Brotherhood Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1997, 29 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 2022, Brotherhood Inc reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.4m (+2.4%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brotherhood Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within LA. Charities of a similar size with the same main cause include Nevada Blind Childrens Foundation ($1.4m), American Friends of Yisa Bracha Inc ($1.4m) and Hawkeye Harvest Food Bank Corporation ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $152k (11% of expenses). Other salaries and wages came to $635k. At year end it held assets of $407k against liabilities of $65k, net assets of $342k. It reported 24 employees.