Bu-Gata

Analysis

Bu-Gata is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2003, 23 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, Bu-Gata reported income of $303k and spending of $302k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $303k (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bu-Gata sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Chalon Living Inc ($303k), Susquehanna County Housing Development Corporation Inc ($303k) and Bell Mansion Apartments Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $214k. At year end it held assets of $123k against liabilities of $9,509, net assets of $114k. It reported 4 employees.