Broadway House Corporation

Analysis

Broadway House Corporation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1974, 52 years ago. 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, Broadway House Corporation reported income of $1.1m and spending of $977k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $997k to $1.1m (+12%), an average of +2.9% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broadway House Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Cultureworks Inc ($1.1m), United Way of North Central Ohio Inc ($1.1m) and North East Medical Services Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $592k.