Benton Utilities Share Program Inc

Analysis

Benton Utilities Share Program Inc is a registered charity in United States, based in Benton, AR. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Benton Utilities Share Program Inc reported income of $75k and spending of $58k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $75k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Benton Utilities Share Program Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AR. Charities of a similar size with the same main cause include Associates Supported Housing ($75k), Under His Wings Inc ($75k) and Wesley House Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.