Bingham Housing Incorporated

Analysis

Bingham Housing Incorporated is a registered charity in United States, based in Blackfoot, ID. It received its IRS tax-exemption ruling in April 1978, 48 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 2022, Bingham Housing Incorporated reported income of $188k and spending of $45k, leaving 76% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $90k to $188k (+110%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 168%. Over the whole period it spent 20% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bingham Housing Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within ID. Charities of a similar size with the same main cause include Franklin Foundation of Kettering Park Two Inc ($188k), Magnificat Home Inc ($188k) and Parambil Group Inc ($188k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 146% of the total. At year end it held assets of $804k against liabilities of $239k, net assets of $565k. It reported 5 employees.