Bethany Villa Housing Association Incorporated II

Analysis

Bethany Villa Housing Association Incorporated II is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in December 2010, 16 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 September 2023, Bethany Villa Housing Association Incorporated II reported income of $195k and spending of $36k, leaving 81% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $142k to $195k (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2023, when income rose by 116%. Over the whole period it spent 16% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethany Villa Housing Association Incorporated II sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Lincoln Avenue Apartments Inc ($195k), Habitat for Humanity International ($195k) and Statewide Bay Landing II Inc ($195k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.