Bravehearts Inc

Analysis

Bravehearts Inc is a registered charity in United States, based in Clermont, GA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Bravehearts Inc reported income of $213k and spending of $215k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $213k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bravehearts Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Serving Hands Medical Center NPC ($213k), Lauries Love Inc ($213k) and The Mhe Research Foundation ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $96k (44% of expenses). At year end it held assets of $1,272 against liabilities of $0, net assets of $1,272. It reported 2 employees.