Villas at Bayou Park Inc

Analysis

Villas at Bayou Park Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Villas at Bayou Park Inc reported income of $84k and spending of $111k, spending 132% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $73k to $84k (+15%), an average of +3.6% a year. The sharpest change came in the year to August 2020, when income rose by 194%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Villas at Bayou Park Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include North County African American Womens Association Incorporated ($84k), Titus Two Partnership Incorporated ($84k) and Coldwater Township Sunrise ($84k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $5,840. At year end it held assets of $1.4m against liabilities of $236k, net assets of $1.2m. It reported 1 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.