Brave House Inc

Analysis

Brave House Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Brave House Inc reported income of $429k and spending of $299k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $231k to $429k (+86%), an average of +86% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 79% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Brave House Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Montana Innocence Project ($429k), Freedom Education Project Puget Sound ($429k) and Russell County Child Advocacy Center Inc ($429k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (18% of expenses). Other salaries and wages came to $74k. At year end it held assets of $229k against liabilities of $12k, net assets of $217k. It reported 5 employees.