Brothers on a Quest Inc

Analysis

Brothers on a Quest Inc is a registered charity in United States, based in Placentia, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Brothers on a Quest Inc reported income of $106k and spending of $96k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $106k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brothers on a Quest Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Loving Home Hospice for Children Incorporated ($106k), Village Acupuncture Project ($106k) and Oakview of New Castle ($106k).

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 $65k against liabilities of $0, net assets of $65k.