Grandparents Raising Grandchildren of Brevard Co Florida

Analysis

Grandparents Raising Grandchildren of Brevard Co Florida is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in March 2004, 22 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 December 2023, Grandparents Raising Grandchildren of Brevard Co Florida reported income of $198k and spending of $205k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $194k to $198k (+2.2%), an average of +0.7% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grandparents Raising Grandchildren of Brevard Co Florida sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Hutto Resource Center ($198k), Southern Arizona Senior Pride ($198k) and Love Inc of Western Suburbs Chicago ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $74k. At year end it held assets of $47k against liabilities of $0, net assets of $47k. It reported 3 employees.