U S Brownsville III H D F C

Analysis

U S Brownsville III H D F C is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2020, 6 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 III H D F C reported income of $1.3m and spending of $1.5m, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.3m to $1.3m (-1.2%), an average of -0.4% a year. Over the whole period it spent 115% 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 III H D F C sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Rebuilding Together North Central Florida Inc ($1.3m), HQM Properties Inc ($1.3m) and Connecticut Housing and Development Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $193k. At year end it held assets of $535k against liabilities of $2.1m, net assets of -$1.5m.

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.