Nhhi Brooklyn Park Inc

Analysis

Nhhi Brooklyn Park Inc is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in April 1997, 29 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 September 2023, Nhhi Brooklyn Park Inc reported income of $267k and spending of $326k, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $198k to $267k (+35%), an average of +7.7% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nhhi Brooklyn Park Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Willow Glen Elderly Housing Corp ($267k), 91 Carlton Housing Development Fund Corporation ($267k) and Duncanville Independent Living Inc ($267k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $46k. At year end it held assets of $703k against liabilities of $141k, net assets of $562k.