Barton Chambers Apartments Inc

Analysis

Barton Chambers Apartments Inc is a registered charity in United States, based in Barton, VT. It received its IRS tax-exemption ruling in August 1974, 52 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Barton Chambers Apartments Inc reported income of $460k and spending of $450k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $460k (+16%), an average of +3.8% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barton Chambers Apartments Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 63rd percentile within VT. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Siouxland ($460k), Nehemiah Initiative Seattle ($460k) and Charles J & Margaret Roberts Fund 01-48199 ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $28k (6.2% of expenses). Other salaries and wages came to $45k. At year end it held assets of $1.1m against liabilities of $1.4m, net assets of -$267k. It reported 9 employees.