Bnai Brith Apartments of Deerfield Beach III Inc

Analysis

Bnai Brith Apartments of Deerfield Beach III Inc is a registered charity in United States, based in Deerfield Beach, FL. It received its IRS tax-exemption ruling in April 2006, 20 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 June 2024, Bnai Brith Apartments of Deerfield Beach III Inc reported income of $860k and spending of $1.1m, spending 133% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $612k to $860k (+40%), an average of +7.0% a year. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bnai Brith Apartments of Deerfield Beach III Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include The Gurdjieff Foundation Inc ($860k), Operation Outreach ($860k) and Grandmas House Day Care ($859k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $197k. At year end it held assets of $6.9m against liabilities of $10.1m, net assets of -$3.3m.

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.