Bivins Village Phase II

Analysis

Bivins Village Phase II is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in March 2006, 20 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 September 2023, Bivins Village Phase II reported income of $519k and spending of $662k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $517k to $519k (+0.3%), an average of +0.1% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bivins Village Phase II sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Richmond Urban Senior Housing Incorporated ($518k), New Mexico Affordable Housing Charitable TR ($519k) and Saratoga Court Inc Fran Wagstaff Officer ($518k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Other salaries and wages came to $88k. At year end it held assets of $3.3m against liabilities of $4.6m, net assets of -$1.3m.

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.