Barrier Free Living Holding Inc

Analysis

Barrier Free Living Holding Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Barrier Free Living Holding Inc reported income of $4.6m and spending of $4.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $4.6m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Barrier Free Living Holding Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Northeast Oklahoma Community Action Agency Inc ($4.6m), Neighborup ($4.6m) and Hospital Quality Institute ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $537k (12% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.1m against liabilities of $2.5m, net assets of $2.6m. It reported 69 employees.