Bnai Brith Apartments of Deerfield Beach II Inc

Analysis

Bnai Brith Apartments of Deerfield Beach II Inc is a registered charity in United States, based in Deerfield Beach, FL. It received its IRS tax-exemption ruling in October 1991, 35 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, Bnai Brith Apartments of Deerfield Beach II Inc reported income of $1.0m and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $751k to $1.0m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bnai Brith Apartments of Deerfield Beach II Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Blue Waters Recovery Foundation Inc ($1.0m), Telacu Manor Inc ($1.0m) and Conrad House Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $200k. At year end it held assets of $2.1m against liabilities of $4.1m, net assets of -$2.0m.

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.