Brownsville Affordable Homeownershi P Corporation

Analysis

Brownsville Affordable Homeownershi P Corporation is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in September 2003, 23 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, Brownsville Affordable Homeownershi P Corporation reported income of $631k and spending of $599k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $631k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brownsville Affordable Homeownershi P Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Deborahs Place II ($631k), Community Resources Inc ($632k) and Longfellow Non-Profit Housing Inc ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $180k (30% of expenses). Other salaries and wages came to $255k. At year end it held assets of $2.0m against liabilities of $1.1m, net assets of $971k. It reported 6 employees.