Nhhi-New Brighton Inc

Analysis

Nhhi-New Brighton Inc is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Nhhi-New Brighton Inc reported income of $270k and spending of $303k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $232k to $270k (+16%), an average of +3.9% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nhhi-New Brighton Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include CSB Youth Hockey Association Inc ($270k), Historic Downtown Gallatin Inc ($270k) and Figs of Wake County Inc ($270k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $49k. At year end it held assets of $440k against liabilities of $78k, net assets of $362k.

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.