Herbert L Brooks Housing Development Fund Company Inc
Only null% goes to programs Thin reserves Growing revenue
Herbert L Brooks Housing Development Fund Company Inc is a 501(c)(3) organization based in Bronx, New York, registered in 1997, with $1,805,238 in FY2024 revenue. CharityIndex grades it F.
1789 Southern Blvd, Bronx, NY, 10460 EIN 13-3595749 Since 1997
Revenue (FY2024)
$1.8M
▼ 7.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.6M
Net assets
-$3.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Herbert L Brooks Housing Development Fund Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Herbert L Brooks Housing Development Fund Company Inc: 0 mo reserves · +11% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Herbert L Brooks Housing Development Fund Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Herbert L Brooks Housing Development Fund Company Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1789 Southern Blvd, Bronx, NY, 10460
- City
- Bronx
- State
- New York
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $529K (FY2014) to $1.8M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.2MNet assets -$3.2M
Operating margin
11.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.0M
Total liabilities
$8.2M
Net assets
-$3.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,805,238▼7.6% | $1,600,531▲7.5% | -$3,159,694▲6.1% | $5,043,811▲8.1% | 990 |
| 2023 | $1,953,236▲4.2% | $1,488,929▲11.0% | -$3,364,401▲12.1% | $4,664,989▲8.3% | 990 |
| 2022 | $1,875,001▲77.4% | $1,341,630▲28.3% | -$3,828,708▲8.4% | $4,309,168▲8.3% | 990 |
| 2021 | $1,056,994▲106% | $1,045,827▼7.2% | -$4,179,345▲0.3% | $3,980,456▲5.9% | 990 |
| 2020 | $513,142▼16.0% | $1,126,710▲45.4% | -$4,190,512▼17.2% | $3,759,802▼14.0% | 990 |
| 2019 | $610,747▲11.5% | $775,086▲1.2% | -$3,576,944▼3.1% | $4,373,257▼4.5% | 990 |
| 2018 | $547,872▲1.8% | $765,797▲5.4% | -$3,468,101▼6.7% | $4,580,224▼3.0% | 990 |
| 2017 | $538,082▼0.4% | $726,466▼13.0% | -$3,250,176▼6.2% | $4,723,814▼3.3% | 990 |
| 2016 | $540,001▲3.3% | $834,569▲18.6% | -$3,061,792▼10.6% | $4,885,459▼4.4% | 990 |
| 2015 | $522,845▼1.2% | $703,504▲8.5% | -$2,767,224▼7.0% | $5,112,587▼3.6% | 990 |
| 2014 | $529,251 | $648,445▼19.1% | -$2,586,565▼25.6% | $5,305,285▼9.6% | 990 |
| 2010 | — | $801,559 | -$2,058,616 | $5,869,380 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Herbert L Brooks Housing Development Fund Company Inc
Frequently asked questions
- Is Herbert L Brooks Housing Development Fund Company Inc a legitimate nonprofit?
- Yes. Herbert L Brooks Housing Development Fund Company Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3595749, based in Bronx, New York. Donations are tax-deductible.
- What is Herbert L Brooks Housing Development Fund Company Inc's EIN?
- Herbert L Brooks Housing Development Fund Company Inc's Employer Identification Number (EIN) is 13-3595749.
- How much revenue does Herbert L Brooks Housing Development Fund Company Inc report?
- Herbert L Brooks Housing Development Fund Company Inc reported $1,805,238 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Herbert L Brooks Housing Development Fund Company Inc have?
- CharityIndex grades Herbert L Brooks Housing Development Fund Company Inc F, based on financial health (reserves and operating margin).
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Data for Herbert L Brooks Housing Development Fund Company Inc (EIN 13-3595749) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.