Tarrant County B Nai B Rith Housing

Analysis

Tarrant County B Nai B Rith Housing is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 1992, 34 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 April 2023, Tarrant County B Nai B Rith Housing reported income of $414k and spending of $503k, spending 121% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $400k to $414k (+3.4%), an average of +0.8% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tarrant County B Nai B Rith Housing sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Independence Heights Inc ($414k), Washington Heights Development Fund Corporation ($414k) and Crestone Peak Community Housing ($414k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.1m against liabilities of $155k, net assets of $952k.

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.