Nativity BVM Place

Analysis

Nativity BVM Place is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2014, 12 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, Nativity BVM Place reported income of $679k and spending of $1.0m, spending 148% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $634k to $679k (+7.1%), an average of +3.5% a year. Over the whole period it spent 156% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nativity BVM Place sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Willing 2 Move Forward ($678k), R3 Development NFP ($679k) and Marfani Foundation Inc ($678k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Other salaries and wages came to $113k. At year end it held assets of $9.8m against liabilities of $2.0m, net assets of $7.8m. It reported 2 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.