East Brunswick Community Housing Corporation Inc

Analysis

East Brunswick Community Housing Corporation Inc is a registered charity in United States, based in E Brunswick, NJ. It received its IRS tax-exemption ruling in April 1993, 33 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, East Brunswick Community Housing Corporation Inc reported income of $1.2m and spending of $1.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $890k to $1.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, East Brunswick Community Housing Corporation Inc 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 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Alliance of Casa LA Linda Corporation ($1.2m), Open Communities ($1.2m) and Habitat for Humanity International Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $10.2m against liabilities of $1.6m, net assets of $8.6m.