Bighouse Inc

Analysis

Bighouse Inc is a registered charity in United States, based in Opelika, AL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bighouse Inc reported income of $397k and spending of $555k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $397k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bighouse Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Leos Pride Foundation ($397k), Laurent House Foundation Inc ($397k) and Restoration 225 Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.3m against liabilities of $635k, net assets of $699k. It reported 3 employees.