Bath Street Apartments Inc

Analysis

Bath Street Apartments Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, Bath Street Apartments Inc reported income of $177k and spending of $132k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $177k (+10%), an average of +2.5% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bath Street Apartments Inc 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 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Hedwig House Inc ($177k), Seminole Humane Society Inc ($177k) and American College of Physicians ($177k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.3m against liabilities of $1.6m, net assets of -$395k.