Brunswick Family Assistance Agency Inc

Analysis

Brunswick Family Assistance Agency Inc is a registered charity in United States, based in Shallotte, NC. It received its IRS tax-exemption ruling in February 1982, 44 years ago. 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, Brunswick Family Assistance Agency Inc reported income of $2.9m and spending of $3.0m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.9m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brunswick Family Assistance Agency Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Adult & Teen Challenge USA ($2.9m), Association for Middle Level Education ($2.9m) and Tucson Waldorf Education Association Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (3.1% of expenses). Other salaries and wages came to $435k. At year end it held assets of $1.5m against liabilities of $377k, net assets of $1.1m. It reported 13 employees.