Debrick Inc

Analysis

Debrick Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Debrick Inc reported income of $261k and spending of $232k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $261k (-75%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 78%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Debrick Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within AL. Charities of a similar size with the same main cause include Human Milk Repository of New Mexico ($261k), Cmak Sandy Hook Memorial Foundation Inc ($262k) and Audreys Angels ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $39k. At year end it held assets of $118k against liabilities of $2,474, net assets of $116k. It reported 1 employees.