Brevard Health Alliance Inc

Analysis

Brevard Health Alliance Inc is a registered charity in United States, based in West Melbourne, FL. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Brevard Health Alliance Inc reported income of $66.1m and spending of $60.0m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $30.9m to $66.1m (+114%), an average of +21% a year. The sharpest change came in the year to September 2021, when income rose by 60%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brevard Health Alliance Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Planned Parenthood Shasta Diablo Inc ($66.1m), The Gog Foundation Inc ($66.1m) and Community Memorial Hospital Association ($66.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.6m (2.7% of expenses). Other salaries and wages came to $31.2m. At year end it held assets of $59.7m against liabilities of $19.4m, net assets of $40.3m. It reported 569 employees.