Baton Rouge Village Inc

Analysis

Baton Rouge Village Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baton Rouge Village Inc reported income of $276k and spending of $512k, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $276k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income dropped by 399%. Over the whole period it spent -36646% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baton Rouge Village Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Seabury Charitable Foundation Inc ($276k), Milligan Housing for the Elderly and Handicapped of Gaffney Inc ($276k) and Vancouver Affordable Housing Nonprofit ($276k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $92k. At year end it held assets of $3.5m against liabilities of $3.2m, net assets of $329k.

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.