Brockwood Community Association

Analysis

Brockwood Community Association is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in May 1986, 40 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, Brockwood Community Association reported income of $623k and spending of $562k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $573k to $623k (+8.7%), an average of +2.1% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brockwood Community Association sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Visalia Senior Housing II Inc ($623k), Paschall Senior Housingincorporated ($623k) and Russell Manor ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $870k against liabilities of $2.1m, net assets of -$1.2m.