BLP Partnership Inc

Analysis

BLP Partnership Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BLP Partnership Inc reported income of $8.3m and spending of $9.7m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $8.3m (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, BLP Partnership Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($8.3m), Chemung View Housing Inc ($8.3m) and Habitat for Humanity International Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $14.8m against liabilities of $20.2m, net assets of -$5.4m.

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.