Brookwood in Georgetown Vocational

Analysis

Brookwood in Georgetown Vocational is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Brookwood in Georgetown Vocational reported income of $6.6m and spending of $3.5m, leaving 47% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $5.5m to $6.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to July 2022, when income rose by 67%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brookwood in Georgetown Vocational sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Creekside at the Village ($6.6m), Community Family Life Services Inc ($6.6m) and Disability Rights Michigan ($6.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 67% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $98k (2.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $22.4m against liabilities of $346k, net assets of $22.0m. It reported 186 employees.