Healthy Brighton Title Holding Corporation NFP

Analysis

Healthy Brighton Title Holding Corporation NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2018, 8 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Healthy Brighton Title Holding Corporation NFP reported income of $104k and spending of $696k, spending 671% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $563k to $104k (-82%), an average of -34% a year. The sharpest change came in the year to June 2020, when income dropped by 71%. Over the whole period it spent 298% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Healthy Brighton Title Holding Corporation NFP sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Maddie Potts Foundation ($104k), Maine Lighthouse Trust ($104k) and Back Creek Benefits Inc ($104k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $53.6m against liabilities of $54.5m, net assets of -$844k.

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.