The Brevard Neighborhood Development Coalition Inc

Analysis

The Brevard Neighborhood Development Coalition Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, The Brevard Neighborhood Development Coalition Inc reported income of $854k and spending of $898k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $648k to $854k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Brevard Neighborhood Development Coalition Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Partnership for Economic Development of York County Inc ($853k), Trec Special Events Inc ($854k) and Baltimore Arts Realty Corporation ($853k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 29% of the total. Other salaries and wages came to $352k. At year end it held assets of $3.2m against liabilities of $393k, net assets of $2.8m. It reported 12 employees.