Billy V Hall Senior Complex Inc

Analysis

Billy V Hall Senior Complex Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in October 1993, 33 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 December 2023, Billy V Hall Senior Complex Inc reported income of $76k and spending of $124k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $76k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Billy V Hall Senior Complex Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within AR. Charities of a similar size with the same main cause include Rustic Youth Camp ($76k), Cambodian Cultural Center Inc ($76k) and Patrick County Community Food Bank ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 56% of the total. Other salaries and wages came to $12k. At year end it held assets of $388k against liabilities of $14k, net assets of $374k.

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.