Bnai Brith III Inc

Analysis

Bnai Brith III Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in January 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bnai Brith III Inc reported income of $587k and spending of $710k, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $155k to $587k (+279%), an average of +30% a year. The sharpest change came in the year to December 2019, when income rose by 244%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bnai Brith III 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 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Baptist Senior Ministries Inc ($587k), Neighborhood Housing Partners Inc ($587k) and 1106 College Avenue H D F C ($587k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $3.5m against liabilities of $5.9m, net assets of -$2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.