Brushy Mountains Group Homes Inc

Analysis

Brushy Mountains Group Homes Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brushy Mountains Group Homes Inc reported income of $1.0m and spending of $798k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $412k to $1.0m (+151%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brushy Mountains Group Homes Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Next Step Ministries Inc ($1.0m), Worcester Youth & Family Counseling Service Inc ($1.0m) and Bixby Community Outreach Center Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $86k (11% of expenses). Other salaries and wages came to $438k. At year end it held assets of $1.1m against liabilities of $40k, net assets of $1.0m. It reported 14 employees.