Bay View Housing Corp

Analysis

Bay View Housing Corp is a registered charity in United States, based in Chaumont, NY. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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 February 2024, Bay View Housing Corp reported income of $184k and spending of $188k, spending 102% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $149k to $184k (+23%), an average of +5.4% a year. The sharpest change came in the year to February 2022, when income rose by 58%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay View Housing Corp sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include CPS Cares Inc ($184k), PTA California Congress of Parents Teachers & Students Inc ($184k) and Fulton County Friends of the Library Inc ($184k).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $546k against liabilities of $371k, net assets of $175k.