Booth Residence Inc

Analysis

Booth Residence Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in October 1984, 42 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 September 2023, Booth Residence Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $1.2m (-3.3%), an average of -0.8% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Booth Residence Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include San Francisco Senior and Disability Action ($1.2m), Aston Township Fire Department ($1.2m) and Snowbasin Ski Education Foundation ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $2.9m against liabilities of $3.6m, net assets of -$724k.