Arbor Ridge at Brookmeade Inc

Analysis

Arbor Ridge at Brookmeade Inc is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in June 2007, 19 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, Arbor Ridge at Brookmeade Inc reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.7m (+12%), an average of +2.9% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arbor Ridge at Brookmeade Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Stockton Shelter for the Homeless ($3.7m), Topeka Rescue Mission Inc ($3.7m) and Connect Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $825k. At year end it held assets of $23.8m against liabilities of $31.3m, net assets of -$7.4m. It reported 52 employees.