Brighton Housing Incorporated

Analysis

Brighton Housing Incorporated is a registered charity in United States, based in Newport, KY. It received its IRS tax-exemption ruling in September 1980, 46 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 June 2024, Brighton Housing Incorporated reported income of $1.0m and spending of $840k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $931k to $1.0m (+10%), an average of +2.5% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brighton Housing Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Cross-Roads to Housing Education and Community Opportunities Inc ($1.0m), Temporary Shelter Inc ($1.0m) and Christian Task Force Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $2.5m against liabilities of $3.2m, net assets of -$734k. It reported 7 employees.