Burlington Supportive Housing Initiatives Inc
Small Vermont housing nonprofit consistently operates with no executive compensation and tight expense management.
EIN: 201308308 · Burlington, VT · NTEE: P127 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $22K |
| Program Spending | 90% |
| Net Assets | $24K |
| Transparency Score | 92/100 |
Is Burlington Supportive Housing Initiatives Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burlington Supportive Housing Initiatives Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burlington Supportive Housing Initiatives Inc
Burlington Supportive Housing Initiatives Inc (EIN: 201308308) is a nonprofit organization based in Burlington, VT, classified under NTEE code P127. The organization reported total revenue of $30K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burlington Supportive Housing Initiatives Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burlington Supportive Housing Initiatives Inc is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $22K |
| Surplus / Deficit | +$34 |
| Total Assets | $30K |
| Total Liabilities | $6K |
| Net Assets | $24K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 18.8% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Burlington Supportive Housing Initiatives Inc reported a surplus of $34 with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.8% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Burlington Supportive Housing Initiatives Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.8% | -9.4% | -1.2% |
| 2022 | +25.5% | +24.3% | +14.6% |
| 2021 | +0.0% | -5.4% | +1.0% |
| 2020 | +5.5% | +2.3% | +6.1% |
| 2019 | -35.5% | -33.2% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burlington Supportive Housing Initiatives Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Burlington Supportive Housing Initiatives Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for any organization and suggests a volunteer-led or extremely lean operational structure, maximizing funds for direct mission activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Burlington Supportive Housing Initiatives Inc:
- Consistent 0% officer compensation, maximizing funds for mission.
- Expenses consistently managed close to or below revenue, indicating financial prudence.
- Stable asset base relative to its small operational size.
- Consistent IRS 990 filing history, demonstrating transparency.
- Low liabilities, indicating responsible financial management.
Frequently Asked Questions about Burlington Supportive Housing Initiatives Inc
Is Burlington Supportive Housing Initiatives Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Burlington Supportive Housing Initiatives Inc (EIN: 201308308) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Burlington Supportive Housing Initiatives Inc spend its money?
Burlington Supportive Housing Initiatives Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Burlington Supportive Housing Initiatives Inc tax-deductible?
Burlington Supportive Housing Initiatives Inc is registered as a tax-exempt nonprofit (EIN: 201308308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Burlington Supportive Housing Initiatives Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Burlington Supportive Housing Initiatives Inc is above average for NTEE category P127 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Burlington Supportive Housing Initiatives Inc located?
Burlington Supportive Housing Initiatives Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 201308308. It is classified under NTEE code P127.
How many years of IRS 990 filings does Burlington Supportive Housing Initiatives Inc have?
Burlington Supportive Housing Initiatives Inc has 11 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 $30K in total revenue.
Is Burlington Supportive Housing Initiatives Inc a good charity?
Based on the provided data, the organization appears to be a very good charity, especially concerning financial efficiency and transparency. It consistently reports 0% officer compensation, manages expenses tightly, and has a stable financial position relative to its small size. The lack of executive pay suggests a strong dedication to its mission.
How does the organization manage to operate without officer compensation?
The data indicates that officers receive no compensation. This suggests that the organization is likely run by volunteers, or that any compensated roles are not classified as 'officers' for IRS reporting purposes, or that the organization's operational model is extremely lean, relying on pro bono work or other non-monetary contributions for leadership.
What is the trend in the organization's revenue and expenses?
The organization's revenue and expenses have generally fluctuated between $18,000 and $30,000 in recent years, with a peak revenue of $46,680 in 2012. Expenses are consistently managed to be very close to or slightly below revenue, indicating a sustainable operational model despite its small scale.
Filing History
IRS 990 filing history for Burlington Supportive Housing Initiatives Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Burlington Supportive Housing Initiatives Inc's revenue has declined by 45%, moving from $40K to $22K. Total assets decreased by 35.2% over the same period, from $46K to $30K. Total functional expenses fell by 63.5%, from $61K to $22K. In its most recent filing year (2023), Burlington Supportive Housing Initiatives Inc reported a surplus of $34, with revenue exceeding expenses. The organization holds $6K in liabilities against $30K in assets (debt-to-asset ratio: 18.8%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $22K | $30K | $6K | — | View 990 |
| 2022 | $25K | $25K | $30K | $6K | — | View 990 |
| 2021 | $20K | $20K | $26K | $3K | — | — |
| 2020 | $20K | $21K | $26K | $2K | — | — |
| 2019 | $19K | $20K | $25K | $0 | — | View 990 |
| 2018 | $29K | $30K | $29K | $3K | — | View 990 |
| 2017 | $7 | $15K | $33K | $5K | — | View 990 |
| 2015 | $17K | $21K | $39K | $0 | — | View 990 |
| 2014 | $28K | $31K | $43K | $434 | — | View 990 |
| 2012 | $47K | $52K | $41K | $0 | — | View 990 |
| 2011 | $40K | $61K | $46K | $90 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $22K, and assets of $30K (revenue -10.8% year-over-year).
- 2022: Revenue of $25K, expenses of $25K, and assets of $30K (revenue +25.5% year-over-year).
- 2021: Revenue of $20K, expenses of $20K, and assets of $26K (revenue +0.0% year-over-year).
- 2020: Revenue of $20K, expenses of $21K, and assets of $26K (revenue +5.5% year-over-year).
- 2019: Revenue of $19K, expenses of $20K, and assets of $25K (revenue -35.5% year-over-year).
- 2018: Revenue of $29K, expenses of $30K, and assets of $29K (revenue +417157.1% year-over-year).
- 2017: Revenue of $7, expenses of $15K, and assets of $33K (revenue -100.0% year-over-year).
- 2015: Revenue of $17K, expenses of $21K, and assets of $39K (revenue -38.5% year-over-year).
- 2014: Revenue of $28K, expenses of $31K, and assets of $43K (revenue -40.0% year-over-year).
- 2012: Revenue of $47K, expenses of $52K, and assets of $41K (revenue +15.4% year-over-year).
- 2011: Revenue of $40K, expenses of $61K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burlington Supportive Housing Initiatives Inc:
Data Sources and Methodology
This transparency report for Burlington Supportive Housing Initiatives Inc 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.