Bishop T Garrott Benjamin Jr Senior Living Center Inc

Analysis

Bishop T Garrott Benjamin Jr Senior Living Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2007, 19 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, Bishop T Garrott Benjamin Jr Senior Living Center Inc reported income of $316k and spending of $423k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $316k (+11%), an average of +2.6% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bishop T Garrott Benjamin Jr Senior Living Center Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($316k), Trailer Terrace Community Inc ($316k) and Faith Family and Determination ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $2.5m against liabilities of $45k, net assets of $2.5m.

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.