Brookhaven Housing Corporation

Analysis

Brookhaven Housing Corporation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 2003, 23 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 September 2023, Brookhaven Housing Corporation reported income of $123k and spending of $121k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $110k to $123k (+12%), an average of +2.9% a year. The sharpest change came in the year to September 2021, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brookhaven Housing Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Ocl Properties XII Inc ($123k), Bunts Road Housing Corp ($123k) and Mirmar Properties Inc ($123k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $470k against liabilities of $4,895, net assets of $466k.