Birch Lane Apartments Inc

Analysis

Birch Lane Apartments Inc is a registered charity in United States, based in Benton, AR. It received its IRS tax-exemption ruling in July 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Birch Lane Apartments Inc reported income of $124k and spending of $150k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $101k to $124k (+23%), an average of +5.3% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Birch Lane Apartments Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AR. Charities of a similar size with the same main cause include Montclair Emergency Services for the Homeless Inc ($123k), Jaxs Transitional Homes Inc ($124k) and Conway Apartment Inc ($123k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.1m against liabilities of $56k, net assets of $1.0m.

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.