Brock Center

Analysis

Brock Center is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Brock Center reported income of $207k and spending of $161k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $104k to $207k (+99%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brock Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Sca University of Theology and Spirituality ($207k), Atchison County Community Schools Education Foundation ($207k) and Canton Community Kidsummit Against Drugs ($207k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $70k (43% of expenses). Other salaries and wages came to $44k. At year end it held assets of $227k against liabilities of $293, net assets of $227k. It reported 2 employees.