Baptist Retirement Village

Analysis

Baptist Retirement Village is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 1993, 33 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 June 2024, Baptist Retirement Village reported income of $461k and spending of $525k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $401k to $461k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baptist Retirement Village sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include A Home of Our Own Howard Inc ($461k), Habitat for Humanity International Inc ($461k) and Baskervill Outreach Inc ($461k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $2.3m, net assets of -$1.1m.