Brevard Homeless Coalition Inc

Analysis

Brevard Homeless Coalition Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in December 2014, 12 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 June 2023, Brevard Homeless Coalition Inc reported income of $2.5m and spending of $2.5m, spending 103% of its income. Across the 5 years on record, from September 2019 to June 2023, income grew from $494k to $2.5m (+399%), an average of +49% a year. The sharpest change came in the year to September 2021, when income rose by 135%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brevard Homeless Coalition Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include With Love From Jesus Ministries ($2.5m), Northwest Georgia Family Crisis Center Inc ($2.5m) and Tzedukas Huir Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (4.1% of expenses). Other salaries and wages came to $258k. At year end it held assets of $171k against liabilities of $130k, net assets of $41k. It reported 5 employees.