Brentwood Economic Community Development Corp

Analysis

Brentwood Economic Community Development Corp is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1995, 31 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, Brentwood Economic Community Development Corp reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $798k to $1.1m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brentwood Economic Community Development Corp sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Hildegard House ($1.1m), Women in Cable Telecommunications ($1.1m) and Zaban Paradies Center for Homeless Couples Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $93k (9.0% of expenses). Other salaries and wages came to $208k. At year end it held assets of $466k against liabilities of $12k, net assets of $454k. It reported 14 employees.