Bell Tower North Inc

Analysis

Bell Tower North Inc is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in May 2009, 17 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 June 2023, Bell Tower North Inc reported income of $100k and spending of $161k, spending 161% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $89k to $100k (+13%), an average of +4.1% a year. Over the whole period it spent 170% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bell Tower North Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Gibb Cairo Village Incorporation ($100k), Willows at Melvin Place ($100k) and New Vision Housing Foundation Inc ($100k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $1.9m against liabilities of $107k, net assets of $1.8m.

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.