My Brothers Place a NJ Nonprofit Corporation

Analysis

My Brothers Place a NJ Nonprofit Corporation is a registered charity in United States, based in Hamburg, NJ. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2023, My Brothers Place a NJ Nonprofit Corporation reported income of $128k and spending of $123k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $168k to $128k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, My Brothers Place a NJ Nonprofit Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Washington County Community Housing Project I ($128k), Twin Falls Optimist Youth House Inc ($128k) and Tomorrows Home Foundation Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $18k. At year end it held assets of $295k against liabilities of $0, net assets of $295k. It reported 1 employees.