Briarcliff Oaks Inc

Analysis

Briarcliff Oaks Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 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, Briarcliff Oaks Inc reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.0m (+6.1%), an average of +2.0% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Briarcliff Oaks Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include West Long Branch Senior Citizens Housing Corporation ($2.0m), Eden Village of Wilmington ($2.0m) and Grand Concourse East Housing Development Fund Corporation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $443k. At year end it held assets of $6.9m against liabilities of $8.0m, net assets of -$1.2m. It reported 13 employees.

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.