Thurman Brisben Homeless Shelter Inc

Analysis

Thurman Brisben Homeless Shelter Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in August 1993, 33 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 2024, Thurman Brisben Homeless Shelter Inc reported income of $1.1m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from May 2021 to June 2024, income fell from $1.2m to $1.1m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 956%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thurman Brisben Homeless Shelter Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Send56 Ministry Inc ($1.1m), Foster Care Advocacy Center ($1.1m) and Caring Hands Special Needs Care Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $80k (7.0% of expenses). Other salaries and wages came to $612k. At year end it held assets of $1.8m against liabilities of $84k, net assets of $1.7m. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.