Bourbon Garden Court Inc

Analysis

Bourbon Garden Court Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in June 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bourbon Garden Court Inc reported income of $162k and spending of $206k, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $145k to $162k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bourbon Garden Court Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Bridgeway McKinley ($162k), Homestead Corporation Champaign - Urbana ($162k) and First Richland Morrow Housing Inc V ($162k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 54% of the total. At year end it held assets of $815k against liabilities of $37k, net assets of $778k.

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.