Brave Heart Volunteers Inc

Analysis

Brave Heart Volunteers Inc is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in October 2002, 24 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, Brave Heart Volunteers Inc reported income of $185k and spending of $177k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $185k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brave Heart Volunteers Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within AK. Charities of a similar size with the same main cause include Washington Mindcare Institute ($185k), Dallas-High Shoals Christian Social Ministry Inc ($185k) and Tender Loving Care Child Care ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $105k. At year end it held assets of $647k against liabilities of $14k, net assets of $633k. It reported 2 employees.