Candlelighters of Brevard Inc

Analysis

Candlelighters of Brevard Inc is a registered charity in United States, based in Indialantic, FL. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2022, Candlelighters of Brevard Inc reported income of $581k and spending of $700k, spending 120% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $772k to $581k (-25%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Candlelighters of Brevard Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Preschool Experience Inc ($581k), Putnam Valley Volunteer Ambulance Corp Inc ($581k) and New Jersey Agricultural Society ($581k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 117% of the total. Other salaries and wages came to $210k. At year end it held assets of $1.6m against liabilities of $14k, net assets of $1.6m. It reported 8 employees.