B T U Rest Home

Analysis

B T U Rest Home is a registered charity in United States, based in Bennettsville, SC. It received its IRS tax-exemption ruling in February 1978, 48 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 2022, B T U Rest Home reported income of $852k and spending of $849k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $709k to $852k (+20%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, B T U Rest Home sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Telluride Adaptive Ski Program ($852k), The Second Wind Foundation ($852k) and Arise Inc ($852k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $85k (10.0% of expenses). Other salaries and wages came to $390k. At year end it held assets of $378k against liabilities of $238k, net assets of $140k. It reported 30 employees.