Brendan Senior Housing Corporation

Analysis

Brendan Senior Housing Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2024, Brendan Senior Housing Corporation reported income of $964k and spending of $1.2m, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $903k to $964k (+6.7%), an average of +1.6% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brendan Senior Housing Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Lima Symphony Orchestra Association Inc ($964k), Billy Martin Child Development Day Care Center Inc ($965k) and Depew-Lancaster Boys & Girls Club ($964k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $148k. At year end it held assets of $8.1m against liabilities of $703k, net assets of $7.4m.

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.