Project Brotherhood Resolve Inc

Analysis

Project Brotherhood Resolve Inc is a registered charity in United States, based in Lapeer, MI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Project Brotherhood Resolve Inc reported income of $53k and spending of $45k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $53k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Brotherhood Resolve Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Council of Elders Housing Corporation II ($53k), Houston Senior Housing Inc ($53k) and Passavant Memorial Homes X ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.