Brave Communities

Analysis

Brave Communities is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2020, 6 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, Brave Communities reported income of $334k and spending of $178k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $334k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brave Communities sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Union Station of Logan County ($334k), Assistance League of Norman Inc ($334k) and Share Fund ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $276k against liabilities of $38k, net assets of $239k.