Greater Brunswick Housing Corporation

Analysis

Greater Brunswick Housing Corporation is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in December 1998, 28 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 June 2023, Greater Brunswick Housing Corporation reported income of $3.6m and spending of $2.3m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $429k to $3.6m (+732%), an average of +70% a year. The sharpest change came in the year to June 2022, when income rose by 139%. Over the whole period it spent 66% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Brunswick Housing Corporation 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 89th percentile within ME. Charities of a similar size with the same main cause include Cardinal Shehan Center for Aging ($3.6m), California Yimby Education Fund ($3.6m) and Fairbanks Rescue Mission Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $17.6m against liabilities of $6.3m, net assets of $11.3m.