U S Brownsville II HDFC

Analysis

U S Brownsville II HDFC is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2022, 4 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, U S Brownsville II HDFC reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.6m to $1.6m (-3.0%), an average of -3.0% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, U S Brownsville II HDFC sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Rio Concho Manor Inc ($1.6m), Delray Beach Community Land Trustinc ($1.6m) and Minnesota Masonic Home Cluster Homes ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $251k. At year end it held assets of $4.0m against liabilities of $5.7m, net assets of -$1.8m.