Brave Way Home Inc

Analysis

Brave Way Home Inc is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Brave Way Home Inc reported income of $173k and spending of $174k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $173k (-3.7%), an average of -3.7% a year. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Brave Way Home Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Kuandaa International Inc ($173k), You Connection Inc ($173k) and Orange Blossom Park Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $93k (53% of expenses). At year end it held assets of $134k against liabilities of $0, net assets of $134k. It reported 2 employees.