BHS Community Development Corporation

Analysis

BHS Community Development Corporation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in March 2009, 17 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 2023, BHS Community Development Corporation reported income of $384k and spending of $380k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $371k to $384k (+3.5%), an average of +0.9% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, BHS Community Development Corporation 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 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Hineshouse Property Management and Maintenance Services Inc ($384k), Shepherd Oak Apartments Inc ($384k) and Better Opportunities Builder Inc ($384k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $6.8m against liabilities of $7.1m, net assets of -$290k.