Brevard Caribbean American Sports and Cultural Association

Analysis

Brevard Caribbean American Sports and Cultural Association is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Brevard Caribbean American Sports and Cultural Association reported income of $104k and spending of $97k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $104k (+7.0%), an average of +7.0% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brevard Caribbean American Sports and Cultural Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include National Society of the Daughters of the American Revolution ($104k), Heritage Hall Inc ($104k) and Arkansas Black Hall of Fame Foundation ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 11% of the total. At year end it held assets of $277k against liabilities of $84k, net assets of $193k.