Barb City Manor Inc
Analysis
Barb City Manor Inc is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in November 1993, 33 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, Barb City Manor Inc reported income of $2.0m and spending of $1.8m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $2.0m (+46%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 98% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Barb City Manor Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Village Apartments of Cherry Hill NJ Inc ($2.0m), Vision Atlantic Inc ($2.1m) and Camphill Hudson Inc ($2.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $157k (8.8% of expenses). Other salaries and wages came to $792k. At year end it held assets of $5.3m against liabilities of $473k, net assets of $4.8m. It reported 51 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 67%
- Other 8.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Village Apartments of Cherry Hill NJ Inc | Camden | $2.0m |
| Vision Atlantic Inc | Atlantic | $2.1m |
| Camphill Hudson Inc | Hudson | $2.0m |
| Pilot Cove Manor Housing Development Company Inc | Bronx | $2.1m |