Braver Angels Inc

Analysis

Braver Angels Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1987, 39 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 December 2023, Braver Angels Inc reported income of $5.0m and spending of $5.0m, spending 99% of its income. Across the 6 years on record, from February 2019 to December 2023, income grew from $959k to $5.0m (+425%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 138%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Braver Angels Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Forgotten Children Worldwide Inc ($5.0m), The Relatives Inc ($5.0m) and District Council of Contra Costa Cty Society of St Vincent de Paul ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $281k (5.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.7m against liabilities of $260k, net assets of $1.4m. It reported 45 employees.