Brompton Community Housing Development Corporation

Analysis

Brompton Community Housing Development Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Brompton Community Housing Development Corporation reported income of $1.6m and spending of $833k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.6m to $1.6m (-86%), an average of -39% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brompton Community Housing Development Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative ($1.6m), John J and Pauline Gerlach Foundation ($1.6m) and Community Impact Fund ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 74% of the total. At year end it held assets of $14.9m against liabilities of $211k, net assets of $14.7m.