Salem Lodge of Bnai Brith Housing Corp

Analysis

Salem Lodge of Bnai Brith Housing Corp is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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 October 2023, Salem Lodge of Bnai Brith Housing Corp reported income of $1.9m and spending of $2.0m, spending 105% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.8m to $1.9m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to October 2021, when income rose by 15%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salem Lodge of Bnai Brith Housing Corp sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Childrens Center of Lexington Inc ($1.9m), East Tennessee Health Information Network ($1.9m) and Connections Homes Inc ($1.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $79k (3.9% of expenses). Other salaries and wages came to $307k. At year end it held assets of $4.4m against liabilities of $4.6m, net assets of -$221k.

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.