Brevard Rescue Mission Inc

Analysis

Brevard Rescue Mission Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Brevard Rescue Mission Inc reported income of $2.0m and spending of $1.8m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.0m (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brevard Rescue Mission Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Columbus Housing Enterprise ($2.0m), Christian Associates of Table Rock Lake ($2.0m) and Midwest Housing Initiatives Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $87k (4.8% of expenses). Other salaries and wages came to $708k. At year end it held assets of $6.9m against liabilities of $1.7m, net assets of $5.2m. It reported 36 employees.