Brookhaven Housing Corporation
EIN: 43705998 · Greenville, SC · NTEE: L30
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $121K |
| Net Assets | $466K |
Is Brookhaven Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brookhaven Housing Corporation
Brookhaven Housing Corporation (EIN: 43705998) is a nonprofit organization based in Greenville, SC, classified under NTEE code L30. The organization reported total revenue of $125K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookhaven Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookhaven Housing Corporation is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $121K |
| Surplus / Deficit | +$3K |
| Total Assets | $470K |
| Total Liabilities | $5K |
| Net Assets | $466K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 46.7 months |
Financial Health Grade: A
In 2023, Brookhaven Housing Corporation reported a surplus of $3K with revenue exceeding expenses, holds 46.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brookhaven Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | -6.6% | -1.8% |
| 2022 | -6.6% | +22.4% | -8.1% |
| 2021 | +16.7% | -4.4% | +3.6% |
| 2020 | +5.3% | -19.5% | -0.3% |
| 2019 | +4.3% | +14.2% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brookhaven Housing Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brookhaven Housing Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Brookhaven Housing Corporation
Is Brookhaven Housing Corporation a legitimate charity?
Brookhaven Housing Corporation (EIN: 43705998) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $125K. No red flags identified. Financial health grade: A.
How does Brookhaven Housing Corporation spend its money?
Brookhaven Housing Corporation reported $125K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brookhaven Housing Corporation tax-deductible?
Brookhaven Housing Corporation is registered as a tax-exempt nonprofit (EIN: 43705998). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brookhaven Housing Corporation located?
Brookhaven Housing Corporation is headquartered in Greenville, South Carolina and files with the IRS under EIN 43705998. It is classified under NTEE code L30.
How many years of IRS 990 filings does Brookhaven Housing Corporation have?
Brookhaven Housing Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $125K in total revenue.
Filing History
IRS 990 filing history for Brookhaven Housing Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brookhaven Housing Corporation's revenue has grown by 53.4%, moving from $80K to $123K. Total assets decreased by 27% over the same period, from $645K to $470K. Total functional expenses rose by 19.9%, from $101K to $121K. In its most recent filing year (2023), Brookhaven Housing Corporation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $5K in liabilities against $470K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $466K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $121K | $470K | $5K | — | View 990 |
| 2022 | $126K | $129K | $479K | $16K | — | View 990 |
| 2021 | $135K | $106K | $521K | $55K | — | — |
| 2020 | $116K | $111K | $503K | $66K | — | View 990 |
| 2019 | $110K | $137K | $504K | $73K | — | View 990 |
| 2018 | $105K | $120K | $523K | $64K | — | View 990 |
| 2017 | $102K | $100K | $541K | $68K | — | View 990 |
| 2016 | $89K | $99K | $560K | $88K | — | View 990 |
| 2015 | $90K | $103K | $578K | $96K | — | View 990 |
| 2014 | $88K | $96K | $594K | $100K | — | View 990 |
| 2013 | $97K | $100K | $609K | $106K | — | View 990 |
| 2012 | $84K | $111K | $627K | $121K | — | View 990 |
| 2011 | $80K | $101K | $645K | $113K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $121K, and assets of $470K (revenue -2.2% year-over-year).
- 2022: Revenue of $126K, expenses of $129K, and assets of $479K (revenue -6.6% year-over-year).
- 2021: Revenue of $135K, expenses of $106K, and assets of $521K (revenue +16.7% year-over-year).
- 2020: Revenue of $116K, expenses of $111K, and assets of $503K (revenue +5.3% year-over-year).
- 2019: Revenue of $110K, expenses of $137K, and assets of $504K (revenue +4.3% year-over-year).
- 2018: Revenue of $105K, expenses of $120K, and assets of $523K (revenue +3.2% year-over-year).
- 2017: Revenue of $102K, expenses of $100K, and assets of $541K (revenue +14.9% year-over-year).
- 2016: Revenue of $89K, expenses of $99K, and assets of $560K (revenue -1.6% year-over-year).
- 2015: Revenue of $90K, expenses of $103K, and assets of $578K (revenue +3.2% year-over-year).
- 2014: Revenue of $88K, expenses of $96K, and assets of $594K (revenue -9.5% year-over-year).
- 2013: Revenue of $97K, expenses of $100K, and assets of $609K (revenue +14.6% year-over-year).
- 2012: Revenue of $84K, expenses of $111K, and assets of $627K (revenue +4.9% year-over-year).
- 2011: Revenue of $80K, expenses of $101K, and assets of $645K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookhaven Housing Corporation:
Data Sources and Methodology
This transparency report for Brookhaven Housing Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.