Brownwood Manor Inc
Analysis
Brownwood Manor Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2023, Brownwood Manor Inc reported income of $588k and spending of $406k, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $511k to $588k (+15%), an average of +4.8% a year. Over the whole period it spent 77% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brownwood Manor Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Hawkins House ($588k), Safe Harbors Network ($588k) and Riverside Housing Corporation ($588k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $63k. At year end it held assets of $635k against liabilities of $107k, net assets of $527k. It reported 4 employees.
Income and spending
Where the income comes from
- Program services 96%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hawkins House | Everett | $588k |
| Safe Harbors Network | San Diego | $588k |
| Riverside Housing Corporation | Concord | $588k |
| Housing Resource Center Inc | Atlanta | $588k |