Bnai Brith Housing New England Inc

Analysis

Bnai Brith Housing New England Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in March 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bnai Brith Housing New England Inc reported income of $2.2m and spending of $1.7m, leaving 24% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $66k to $2.2m (+3203%), an average of +101% a year. The sharpest change came in the year to December 2019, when income rose by 1634%. 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, Bnai Brith Housing New England Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.2m), Harbor Inn ($2.2m) and Ehca Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $351k (21% of expenses). Other salaries and wages came to $458k. At year end it held assets of $16.1m against liabilities of $6.2m, net assets of $9.8m. It reported 7 employees.