Brisbane Senior Housing Inc

Analysis

Brisbane Senior Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brisbane Senior Housing Inc reported income of $174k and spending of $302k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $174k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 194% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Brisbane Senior Housing Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Home Team Valpo Inc ($174k), Shelby County Community Outreach Inc ($174k) and Peoria Place Apartments ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. At year end it held assets of $648k against liabilities of $4.2m, net assets of -$3.5m.

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.