Brent House Corporation

Analysis

Brent House Corporation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Brent House Corporation reported income of $7.2m and spending of $7.2m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $6.4m to $7.2m (+13%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brent House Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Boy Scouts of America ($7.2m), Purple Heart Homes Inc ($7.2m) and Yuma County Fair Inc ($7.2m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $1.8m against liabilities of $9.4m, net assets of -$7.6m.