Catherine Booth Residence Inc

Analysis

Catherine Booth Residence Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in April 2003, 23 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 September 2023, Catherine Booth Residence Inc reported income of $535k and spending of $672k, spending 126% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $456k to $535k (+17%), an average of +4.1% a year. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catherine Booth Residence Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Minnesota African Womens Association ($534k), Hands of Grace and Mercy ($535k) and Dinners for Kids Inc ($534k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $4.1m against liabilities of $7.2m, net assets of -$3.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.