Onramp Brazos Inc

Analysis

Onramp Brazos Inc is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, 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 December 2023, Onramp Brazos Inc reported income of $793k and spending of $725k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $296k to $793k (+167%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Onramp Brazos Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Beacon Village ($792k), Community Access Line of the Lakeshore Inc ($793k) and Project Compassion ($792k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $68k. At year end it held assets of $360k against liabilities of $24k, net assets of $337k. It reported 4 employees.