Bcuw-Madeline Housing Partners

Analysis

Bcuw-Madeline Housing Partners is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in February 2016, 10 years ago. 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, Bcuw-Madeline Housing Partners reported income of $6.3m and spending of $4.2m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $6.3m (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bcuw-Madeline Housing Partners sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Greenfield Academy Inc ($6.3m), Hospice & Palliative Care Inc ($6.3m) and G I L Foundation Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $68.2m against liabilities of $24.6m, net assets of $43.6m.