Central Brevard Sharing Center Inc

Analysis

Central Brevard Sharing Center Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in May 1981, 45 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, Central Brevard Sharing Center Inc reported income of $3.7m and spending of $3.8m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $3.7m (+80%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Brevard Sharing Center 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 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Safeplace ($3.7m), Maine Immigrants Rights Coalition ($3.7m) and Yad Chaya Inc ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.0% of the total. Other salaries and wages came to $802k. At year end it held assets of $1.7m against liabilities of $69k, net assets of $1.6m. It reported 40 employees.