Benjamin House Inc TR

Analysis

Benjamin House Inc TR is a registered charity in United States, based in Elizabeth Cty, NC. It received its IRS tax-exemption ruling in August 1999, 27 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, Benjamin House Inc TR reported income of $2.1m and spending of $2.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Benjamin House Inc TR sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include St Jude House Inc ($2.1m), Westminster Village of Mid-South ($2.1m) and Community Preservation and Development Corporation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $177k (8.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.0m against liabilities of $971k, net assets of $1.0m. It reported 73 employees.