Brown Bag Ministries Inc

Analysis

Brown Bag Ministries Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Brown Bag Ministries Inc reported income of $3.0m and spending of $2.9m, spending 100% of its income. Across the 3 years on record, from November 2021 to November 2023, income grew from $508k to $3.0m (+482%), an average of +141% a year. The sharpest change came in the year to November 2023, when income rose by 188%. 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, Brown Bag Ministries Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Friends of Hospice House Inc ($3.0m), Salem Community Child Care Inc ($3.0m) and Livingston County Catholic Charities ($3.0m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (0.6% of expenses). At year end it held assets of $19k against liabilities of $0, net assets of $19k.