Browns Harbor Inc

Analysis

Browns Harbor Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Browns Harbor Inc reported income of $549k and spending of $591k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $307k to $549k (+79%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Browns Harbor Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Triangle Inc ($548k), Lawakua Charitable Fund ($549k) and Fields of Wheat Inc ($547k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $246k. At year end it held assets of $795k against liabilities of $142k, net assets of $652k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.