South Brevard Sharing Center Inc

Analysis

South Brevard Sharing Center Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in September 1975, 51 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, South Brevard Sharing Center Inc reported income of $1.4m and spending of $1.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2020, when income rose by 25%. 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, South Brevard Sharing Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Operation Hat Trick ($1.4m), Lake Avenue Foundation Inc ($1.4m) and Childrens Dental Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $68k (5.5% of expenses). Other salaries and wages came to $304k. At year end it held assets of $1.6m against liabilities of $33k, net assets of $1.6m. It reported 15 employees.