Interval Brotherhood Homes Corporation

Analysis

Interval Brotherhood Homes Corporation is a registered charity in United States, based in Coventry TWP, OH. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Interval Brotherhood Homes Corporation reported income of $9.4m and spending of $8.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $9.4m (+35%), an average of +7.7% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Interval Brotherhood Homes Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Chelsea Jewish Lifecare Inc ($9.4m), Sacopee Valley Health Center ($9.4m) and Edward Ambulance Services LLC ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $333k (3.9% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $12.1m against liabilities of $564k, net assets of $11.6m. It reported 115 employees.