Bristol Village Inc

Analysis

Bristol Village Inc is a registered charity in United States, based in Clarence Ctr, NY. It received its IRS tax-exemption ruling in July 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Bristol Village Inc reported income of $8.7m and spending of $7.1m, spending 82% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $5.0m to $8.7m (+76%), an average of +15% a year. The sharpest change came in the year to March 2024, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bristol Village Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Fordham Bedford Housing Corp ($8.7m), Pacific Southwest Community Development Corp ($8.7m) and Shenango Presbyterian Senior Care ($8.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $308k (4.3% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $16.9m against liabilities of $15.1m, net assets of $1.8m. It reported 182 employees.