Barre Housing Services Inc

Analysis

Barre Housing Services Inc is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in September 2018, 8 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, Barre Housing Services Inc reported income of $236k and spending of $309k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $236k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Barre Housing Services Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 48th percentile within VT. Charities of a similar size with the same main cause include Kanesville Heights Inc ($236k), NMF VII ($236k) and City of Refuge ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $181k. At year end it held assets of $163k against liabilities of $75k, net assets of $88k.