Douglas Braxton Inc

Analysis

Douglas Braxton Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Douglas Braxton Inc reported income of $394k and spending of $368k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $257k to $394k (+54%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Douglas Braxton Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Legacy Farms ($394k), The Dale County Rescue Mission ($394k) and Hopes Path ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $197k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 7 employees.