Bremen Community Cares

Analysis

Bremen Community Cares is a registered charity in United States, based in Bremen, IN. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bremen Community Cares reported income of $67k and spending of $44k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $67k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 48% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bremen Community Cares sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Steinwehr Avenue Heart of Gettysburg Battlefield Inc ($67k), Lions Sight Conservation Foundation Inc of W Va ($67k) and Tri County Entrepreneurial Development Center ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $219k against liabilities of $5,000, net assets of $214k.