Bravelove Inc

Analysis

Bravelove Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2013, 13 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, Bravelove Inc reported income of $501k and spending of $414k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $501k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bravelove Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Longville Area Food Shelf ($501k), Florida Coalition for Children Foundation Inc ($501k) and Billys Place Inc ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). Other salaries and wages came to $62k. At year end it held assets of $444k against liabilities of $6,604, net assets of $437k. It reported 4 employees.