Bella House Inc

Analysis

Bella House Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bella House Inc reported income of $715k and spending of $449k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $715k (+134%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bella House Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Samaritan House ($715k), Zero Hour Life Center Inc ($715k) and Building Hope Inc ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $227k. At year end it held assets of $1.0m against liabilities of $327k, net assets of $709k. It reported 14 employees.