Brewing Opportunities NFP

Analysis

Brewing Opportunities NFP is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Brewing Opportunities NFP reported income of $580k and spending of $663k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $328k to $580k (+77%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brewing Opportunities NFP sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Petersburg Childrens Center Inc ($580k), Savvy Ladies ($581k) and E a Resources Inc ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $86k (13% of expenses). Other salaries and wages came to $164k. At year end it held assets of $805k against liabilities of $50k, net assets of $754k. It reported 60 employees.