Birch Forest Apartments Inc

Analysis

Birch Forest Apartments Inc is a registered charity in United States, based in Benton, AR. It received its IRS tax-exemption ruling in February 2008, 18 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, Birch Forest Apartments Inc reported income of $122k and spending of $122k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $122k (+29%), an average of +6.6% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Birch Forest Apartments Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AR. Charities of a similar size with the same main cause include Next Step of Central Louisiana Inc ($122k), Readstown Housing for the Elderly in ($122k) and Abilities at Casablanca Inc ($122k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $28k. At year end it held assets of $655k against liabilities of $46k, net assets of $609k.

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.