Brake Ministries International

Analysis

Brake Ministries International is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in October 2001, 25 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, Brake Ministries International reported income of $346k and spending of $338k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $346k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Brake Ministries International sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Orchard Ministry Development ($346k), American Dream Center Institute ($346k) and Dualreach ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (36% of expenses). At year end it held assets of $11k against liabilities of $0, net assets of $11k.