Brethren Housing Corporation

Analysis

Brethren Housing Corporation is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in February 1989, 37 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 2022, Brethren Housing Corporation reported income of $125k and spending of $132k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $80k to $125k (+56%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 776%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brethren Housing Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Ocl Properties Xiii Inc ($125k), Timber Hills Housing of Alcorn County Inc ($125k) and Settled Inn Village ($125k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.