Building Brave Inc

Analysis

Building Brave Inc is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Building Brave Inc reported income of $2.7m and spending of $3.1m, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $2.7m (+146%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Building Brave Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include International Preschools ($2.7m), Student U ($2.7m) and Partners for Educational Leadership Inc ($2.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3,071 against liabilities of $1,252, net assets of $1,819. It reported 16 employees.