Benevolent House Child Placing Agency
EIN: 813814784 · Red Oak, TX · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Net Assets | $189K |
Is Benevolent House Child Placing Agency Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Benevolent House Child Placing Agency
Benevolent House Child Placing Agency (EIN: 813814784) is a nonprofit organization based in Red Oak, TX, classified under NTEE code P30. The organization reported total revenue of $1.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benevolent House Child Placing Agency's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benevolent House Child Placing Agency is a mid-size nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-29,060 |
| Total Assets | $1.5M |
| Total Liabilities | $1.3M |
| Net Assets | $189K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 87.2% |
| Months of Reserves | 16.3 months |
Financial Health Grade: C
In 2023, Benevolent House Child Placing Agency reported a deficit of $29K with expenses exceeding revenue, holds 16.3 months of operating reserves (strong position), has a debt-to-asset ratio of 87.2% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Benevolent House Child Placing Agency's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | -7.9% | +3.0% |
| 2022 | -12.0% | +5.5% | +8.2% |
| 2021 | -12.9% | -3.1% | +206.1% |
| 2020 | +15.6% | +15.4% | +58.7% |
| 2019 | +146.0% | +139.6% | +200.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Benevolent House Child Placing Agency has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Benevolent House Child Placing Agency with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 87.2%.
Frequently Asked Questions about Benevolent House Child Placing Agency
Is Benevolent House Child Placing Agency a legitimate charity?
Benevolent House Child Placing Agency (EIN: 813814784) is a registered tax-exempt nonprofit based in Texas. It has 6 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: C.
How does Benevolent House Child Placing Agency spend its money?
Benevolent House Child Placing Agency reported $1.2M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Benevolent House Child Placing Agency tax-deductible?
Benevolent House Child Placing Agency is registered as a tax-exempt nonprofit (EIN: 813814784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Benevolent House Child Placing Agency located?
Benevolent House Child Placing Agency is headquartered in Red Oak, Texas and files with the IRS under EIN 813814784. It is classified under NTEE code P30.
How many years of IRS 990 filings does Benevolent House Child Placing Agency have?
Benevolent House Child Placing Agency has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Benevolent House Child Placing Agency showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Benevolent House Child Placing Agency's revenue has grown by 127.1%, moving from $467K to $1.1M. Total assets increased by 1528% over the same period, from $91K to $1.5M. Total functional expenses rose by 160.3%, from $418K to $1.1M. In its most recent filing year (2023), Benevolent House Child Placing Agency reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $1.5M in assets (debt-to-asset ratio: 87.2%), resulting in net assets of $189K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.5M | $1.3M | — | — |
| 2022 | $1.0M | $1.2M | $1.4M | $1.2M | — | — |
| 2021 | $1.2M | $1.1M | $1.3M | $946K | — | View 990 |
| 2020 | $1.3M | $1.2M | $435K | $86K | — | — |
| 2019 | $1.1M | $1.0M | $274K | $96K | — | View 990 |
| 2018 | $467K | $418K | $91K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.5M (revenue +4.2% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $1.4M (revenue -12.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue -12.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $435K (revenue +15.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $274K (revenue +146.0% year-over-year).
- 2018: Revenue of $467K, expenses of $418K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benevolent House Child Placing Agency:
Data Sources and Methodology
This transparency report for Benevolent House Child Placing Agency is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.