Brownton Housing Corporation

Analysis

Brownton Housing Corporation is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 2021, 5 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 December 2023, Brownton Housing Corporation reported income of $190k and spending of $172k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $190k (+2.6%), an average of +0.6% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brownton Housing Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Heart of Taos ($190k), St Francis of Assisi Residences at Braintree III Inc ($190k) and Fillmore Housing Corporation ($190k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 111% of the total. At year end it held assets of $523k against liabilities of $495k, net assets of $27k.