Brownville Housing Corporation

Analysis

Brownville Housing Corporation is a registered charity in United States, based in Brownville, ME. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Brownville Housing Corporation reported income of $197k and spending of $184k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $197k (+8.1%), an average of +2.0% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brownville Housing Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ME. Charities of a similar size with the same main cause include Boulder Community Housing Corporation Inc ($197k), The Genesis Mission Inc ($197k) and Alpha Kappa Alpha Foundation ($197k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $19k (10% of expenses). At year end it held assets of $565k against liabilities of $203k, net assets of $361k.