Bradley Homes for the Elderly No 4

Analysis

Bradley Homes for the Elderly No 4 is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in December 2021, 5 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, Bradley Homes for the Elderly No 4 reported income of $236k and spending of $192k, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $218k to $236k (+8.7%), an average of +1.7% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bradley Homes for the Elderly No 4 sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AL. Charities of a similar size with the same main cause include Guadalupe Senior Village ($236k), Red Lion Inn Inc ($236k) and Eastmont Court Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $7,698. At year end it held assets of $91k against liabilities of $368k, net assets of -$277k. It reported 2 employees.