Booth Society Inc
Analysis
Booth Society Inc is a registered charity in United States, based in Spearfish, SD. It received its IRS tax-exemption ruling in August 1997, 29 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 December 2023, Booth Society Inc reported income of $345k and spending of $268k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $664k to $345k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 46% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Booth Society Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within SD. Charities of a similar size with the same main cause include Sarah Simpson Gossett Home Inc ($345k), Don Pedro Housing Corporation ($345k) and 2249 Webster Avenue HDFC ($344k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 18% of the total. Other salaries and wages came to $106k. At year end it held assets of $2.0m against liabilities of $5,047, net assets of $2.0m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 18%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sarah Simpson Gossett Home Inc | Greenville | $345k |
| Don Pedro Housing Corporation | Newark | $345k |
| 2249 Webster Avenue HDFC | Bronx | $344k |
| Evergreen Terrace Inc | Des Moines | $345k |