Missionary Brothers of Charity Inc

Analysis

Missionary Brothers of Charity Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 June 2024, Missionary Brothers of Charity Inc reported income of $4.1m and spending of $4.3m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $4.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionary Brothers of Charity Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include San Francisco Lesbian Gay Freedom Day Parade & Celeb Committee Inc ($4.1m), Kids Orbit Inc ($4.1m) and Piedmont Academy Inc ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.