Bromleigh Enterprises Inc

Analysis

Bromleigh Enterprises Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in September 2022, 4 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 December 2023, Bromleigh Enterprises Inc reported income of $183k and spending of $208k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $183k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bromleigh Enterprises Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Applied Scholastics International ($183k), Hobe Sound Soccer Club Inc ($183k) and Astoria Senior Center Incorporated ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $37k against liabilities of $43k, net assets of -$5,731.