B T Inc

Analysis

B T Inc is a registered charity in United States, based in Rock Tavern, NY. It received its IRS tax-exemption ruling in February 2022, 4 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, B T Inc reported income of $840k and spending of $789k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $772k to $840k (+8.7%), an average of +4.3% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, B T Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Genesis Homes Inc ($839k), Little Haiti Housing Association Inc ($840k) and San Antonio Alternative Housing Corporation No 20 ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. At year end it held assets of $10.2m against liabilities of $4.9m, net assets of $5.3m.