Burlington Area Homeless Shelter

Analysis

Burlington Area Homeless Shelter is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in May 2000, 26 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, Burlington Area Homeless Shelter reported income of $160k and spending of $153k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $160k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Burlington Area Homeless Shelter sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Terra Quest Inc ($160k), Golden Rule Community Development Corporation ($160k) and Community Outreach Ministries Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $318k against liabilities of $2,989, net assets of $315k.