Brink Technology Inc

Analysis

Brink Technology Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Brink Technology Inc reported income of $6.7m and spending of $1.5m, leaving 78% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $564k to $6.7m (+1091%), an average of +128% a year. The sharpest change came in the year to December 2023, when income rose by 692%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brink Technology Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Mingei International Inc ($6.7m), United Way of Lancaster County ($6.7m) and L S B Leakey Foundation FR Resrch to Mans Origin Behaviour & Srvival ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $100k (6.7% of expenses). Other salaries and wages came to $553k. At year end it held assets of $8.1m against liabilities of $324k, net assets of $7.8m. It reported 5 employees.