Brave

Analysis

Brave is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 reported income of $1.0m and spending of $483k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $1.0m (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 181%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Brave sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include East Central Ministries Inc ($1.0m), Holy Name Mens Club ($1.0m) and Renew Org ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $37k. At year end it held assets of $2.2m against liabilities of $4,018, net assets of $2.2m. It reported 1 employees.