Troy Brewer Charitable Network

Analysis

Troy Brewer Charitable Network is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Troy Brewer Charitable Network reported income of $6.1m and spending of $4.8m, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5.1m to $6.1m (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Troy Brewer Charitable Network sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Caring Ministries Inc ($6.1m), Living Waters Publications ($6.2m) and St Marys Highland Hills Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $50k (1.0% of expenses). Other salaries and wages came to $712k. At year end it held assets of $2.6m against liabilities of $255k, net assets of $2.3m. It reported 30 employees.