Brysonns Closet

Analysis

Brysonns Closet is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in December 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, Brysonns Closet reported income of $184k and spending of $169k, spending 92% of its income. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brysonns Closet sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Massachusetts 911 Fund Inc ($184k), Rainier Senior Citizens Inc ($184k) and Nevada County Fairgrounds Foundation Inc ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $25k, net assets of $13k.