Bausman Street Independent Living Inc

Analysis

Bausman Street Independent Living Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1957, 69 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Bausman Street Independent Living Inc reported income of $129k and spending of $164k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $129k (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 143% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bausman Street Independent Living Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Ray Ciervo Ministries Inc ($129k), Faculty Club University of California San Diego Inc ($129k) and Parent Booster USA Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Other salaries and wages came to $4,920. At year end it held assets of $1.3m against liabilities of $2.0m, net assets of -$669k.

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.