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 January 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation 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 $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+16%), an average of +3.8% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Catherine Booth Residence Inc 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 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Mrs Phillipines Home for Senior Citizens Inc ($1.3m), Common Ground Development Corporation ($1.3m) and Isabella County Restoration House ($1.3m).

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 $4.6m against liabilities of $8.4m, net assets of -$3.8m.

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.