Brunswick Senior Resources Inc

Analysis

Brunswick Senior Resources Inc is a registered charity in United States, based in Shallotte, NC. It received its IRS tax-exemption ruling in August 2003, 23 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 June 2023, Brunswick Senior Resources Inc reported income of $5.5m and spending of $5.6m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.5m to $5.5m (+22%), an average of +6.9% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brunswick Senior Resources 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 92nd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include B J Wilkerson Memorial Child Development Center Inc ($5.5m), Tapestry Family Services Inc ($5.5m) and Rudolf Steiner Fellowship Foundation Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $321k (5.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.5m against liabilities of $944k, net assets of $2.5m. It reported 89 employees.