Brazosport Cares

Analysis

Brazosport Cares is a registered charity in United States, based in Freeport, TX. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Brazosport Cares reported income of $2.9m and spending of $2.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.3m to $2.9m (+133%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 121%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brazosport Cares sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Community Guidance Clinic for Central Connecticut Inc ($2.9m), Christian Assistance Ministry Inc ($2.9m) and 2nd Home Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (3.4% of expenses). Other salaries and wages came to $174k. At year end it held assets of $726k against liabilities of $0, net assets of $726k. It reported 10 employees.