Brookhill Center Industries Inc

Analysis

Brookhill Center Industries Inc is a registered charity in United States, based in Ottawa, OH. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Brookhill Center Industries Inc reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.6m (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brookhill Center Industries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Wilmington Renaissance Corporation ($1.6m), Center for a Non Violent Community ($1.6m) and Community of Peace Building Company ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $74k (4.4% of expenses). Other salaries and wages came to $681k. At year end it held assets of $1.1m against liabilities of $145k, net assets of $912k. It reported 117 employees.