Bethany Villa Housing Association Inc

Analysis

Bethany Villa Housing Association Inc is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bethany Villa Housing Association Inc reported income of $171k and spending of $28k, leaving 84% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $212k to $171k (-20%), an average of -5.3% a year. The sharpest change came in the year to September 2023, when income rose by 107%. Over the whole period it spent 36% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bethany Villa Housing Association Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Homeward Bound Program ($171k), Charm City Land Trusts Inc ($171k) and Senior Living ($171k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.