Boatwright Homes Inc

Analysis

Boatwright Homes Inc is a registered charity in United States, based in Brawley, CA. It received its IRS tax-exemption ruling in April 1995, 31 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 December 2023, Boatwright Homes Inc reported income of $114k and spending of $175k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $114k (-3.0%), an average of -0.8% a year. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boatwright Homes Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Share XI Inc ($114k), Freedom House II ($114k) and 2life Opus Newton Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $25k. At year end it held assets of $992k against liabilities of $50k, net assets of $942k.

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.