Brook View Gardens Inc

Analysis

Brook View Gardens Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in March 2001, 25 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, Brook View Gardens Inc reported income of $142k and spending of $197k, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $142k (+10%), an average of +2.5% a year. Over the whole period it spent 143% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brook View Gardens Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Alexander Apartments of Plant City Inc ($142k), Carbondale Supportive Housing Inc ($143k) and Orchard Housing Development Fund Company Inc ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $8,006. At year end it held assets of $748k against liabilities of $18k, net assets of $730k.

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.