Baptist Retirement Village II

Analysis

Baptist Retirement Village II is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in April 2007, 19 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 (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 2024, Baptist Retirement Village II reported income of $433k and spending of $526k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $344k to $433k (+26%), an average of +5.9% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baptist Retirement Village II sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Good Shepherd Senior Housing ($433k), President Abraham Lincoln Manor II ($433k) and Volunteers of America Inc ($433k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $2.8m against liabilities of $4.7m, net assets of -$1.8m.

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.