Bivins Village

Analysis

Bivins Village is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in June 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bivins Village reported income of $361k and spending of $611k, spending 169% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $347k to $361k (+4.1%), an average of +1.0% a year. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bivins Village sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Riverside Plaza Two Inc ($361k), Riverview Apartments Senior Housing ($361k) and Tioga County Property Development Corporation ($361k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Other salaries and wages came to $43k. At year end it held assets of $3.6m against liabilities of $5.3m, net assets of -$1.7m. It reported 7 employees.

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.