Bahia Properties Inc

Analysis

Bahia Properties Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in October 2011, 15 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bahia Properties Inc reported income of $526k and spending of $398k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $338k to $526k (+56%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bahia Properties Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Halfmoon Housing Development Fund Company Inc ($526k), Lemma Village Inc ($526k) and Trinity Sober Homes ($526k).

Compensation of current officers, directors and key employees was $221k (56% of expenses). At year end it held assets of $933k against liabilities of $22k, net assets of $910k.