Greater South Brevard Senior Citizen Center Inc

Analysis

Greater South Brevard Senior Citizen Center Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in February 1989, 37 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 December 2023, Greater South Brevard Senior Citizen Center Inc reported income of $229k and spending of $243k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $229k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater South Brevard Senior Citizen Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Christ Followers for Change Kalamazoo Inc ($229k), Stable Resources ($229k) and Ashland County Residential Services ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 16% of the total. At year end it held assets of $425k against liabilities of $19k, net assets of $405k.

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.