Catherine Booth Friendship House Residence Inc

Analysis

Catherine Booth Friendship House Residence Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Catherine Booth Friendship House Residence Inc reported income of $718k and spending of $882k, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $638k to $718k (+13%), an average of +3.0% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Catherine Booth Friendship House Residence Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Woodward Manor Inc ($718k), Wellington Community Housing ($719k) and H S C No 5 Housing Development Fund Co Inc ($718k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $3.9m against liabilities of $6.3m, net assets of -$2.5m.

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.