Brooke Owens Fellowship

Analysis

Brooke Owens Fellowship is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Brooke Owens Fellowship reported income of $265k and spending of $430k, spending 162% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $265k (-80%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brooke Owens Fellowship sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Yarmouth Day Care ($265k), Foundation House Ministries ($265k) and Feeding Colorado ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 2 employees.