Catholic Housing Of Birmingham Ii Inc
Catholic Housing Of Birmingham II Inc. consistently operates at a deficit, with liabilities exceeding assets.
EIN: 203029894 · Birmingham, AL · NTEE: L22 · Updated: 2026-03-28
Is Catholic Housing Of Birmingham Ii Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Housing Of Birmingham Ii Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Housing Of Birmingham Ii Inc
Catholic Housing Of Birmingham Ii Inc (EIN: 203029894) is a nonprofit organization based in Birmingham, AL, classified under NTEE code L22. The organization reported total revenue of $540K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Housing Of Birmingham Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Housing Of Birmingham Ii Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $482K |
| Total Expenses | $587K |
| Surplus / Deficit | $-105,679 |
| Total Assets | $2.9M |
| Total Liabilities | $4.5M |
| Net Assets | $-1,656,600 |
| Operating Margin | -21.9% |
| Debt-to-Asset Ratio | 158.0% |
| Months of Reserves | 58.4 months |
Financial Health Grade: C
In 2023, Catholic Housing Of Birmingham Ii Inc reported a deficit of $106K with expenses exceeding revenue, holds 58.4 months of operating reserves (strong position), has a debt-to-asset ratio of 158.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Housing Of Birmingham Ii Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +0.3% | -3.7% |
| 2022 | +0.3% | +5.8% | -3.4% |
| 2021 | -0.7% | +9.3% | -3.6% |
| 2020 | +3.8% | -14.3% | -0.9% |
| 2019 | +4.0% | +22.1% | -4.6% |
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 Catholic Housing Of Birmingham Ii Inc with a Mission Score of 75 out of 100 (Good). 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, Catholic Housing Of Birmingham Ii 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 deficit of $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 158.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers, directors, trustees, or key employees receive compensation directly from the organization, which is highly favorable for resource allocation to its mission.
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.
Red Flags
The following concerns were identified during AI analysis of Catholic Housing Of Birmingham Ii Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) over multiple years, indicating potential long-term financial sustainability challenges if not addressed.
- Liabilities significantly exceed assets, suggesting a high debt burden relative to its current asset base.
- Declining asset base over the past decade, potentially due to covering operational shortfalls.
Strengths
The following positive indicators were identified for Catholic Housing Of Birmingham Ii Inc:
- 100% program spending (assuming no fundraising or admin compensation) indicates strong focus on mission.
- 0% officer compensation demonstrates excellent resource allocation directly to charitable activities and high transparency regarding executive pay.
- Consistent operation for over a decade despite financial challenges, suggesting resilience and commitment to its mission.
Frequently Asked Questions about Catholic Housing Of Birmingham Ii Inc
Is Catholic Housing Of Birmingham Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Housing Of Birmingham Ii Inc (EIN: 203029894) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Catholic Housing Of Birmingham Ii Inc spend its money?
Catholic Housing Of Birmingham Ii Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catholic Housing Of Birmingham Ii Inc tax-deductible?
Catholic Housing Of Birmingham Ii Inc is registered as a tax-exempt nonprofit (EIN: 203029894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Catholic Housing Of Birmingham Ii Inc. financially sustainable given its consistent deficits?
The organization has consistently reported expenses exceeding revenue for at least the past decade (e.g., 2023 revenue $481,631 vs. expenses $587,310). While assets have declined from $3,786,306 in 2014 to $2,856,846 in 2023, and liabilities remain high, the organization has continued to operate. This suggests potential reliance on long-term funding, grants, or other financial instruments not fully detailed in the annual revenue figures, or a strategy to manage a long-term debt structure.
What is the nature of the organization's significant liabilities?
The liabilities have consistently been around $4.5 million (e.g., $4,513,446 in 2023), significantly exceeding assets. Given its NTEE code (L22 - Housing Development, Construction & Management), these liabilities likely represent mortgages or other long-term debt associated with the acquisition, development, or management of housing properties, which is typical for housing organizations.
How does the 0% officer compensation impact the organization's efficiency?
The consistent reporting of 0% officer compensation means that no organizational funds are directly used to pay its leadership. This significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards program services, enhancing spending efficiency.
What is the trend in the organization's asset base?
The organization's assets have shown a consistent downward trend, decreasing from $3,786,306 in 2014 to $2,856,846 in 2023. This decline, coupled with consistent operating deficits, indicates that the organization is drawing down its asset base to cover operational expenses.
Filing History
IRS 990 filing history for Catholic Housing Of Birmingham Ii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Housing Of Birmingham Ii Inc's revenue has grown by 54.5%, moving from $312K to $482K. Total assets decreased by 31.8% over the same period, from $4.2M to $2.9M. Total functional expenses rose by 24.9%, from $470K to $587K. In its most recent filing year (2023), Catholic Housing Of Birmingham Ii Inc reported a deficit of $106K, with expenses exceeding revenue. The organization holds $4.5M in liabilities against $2.9M in assets (debt-to-asset ratio: 158.0%), resulting in net assets of $-1,656,600.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $482K | $587K | $2.9M | $4.5M | — | View 990 |
| 2022 | $462K | $585K | $3.0M | $4.5M | — | — |
| 2021 | $461K | $553K | $3.1M | $4.5M | — | View 990 |
| 2020 | $464K | $506K | $3.2M | $4.5M | — | — |
| 2019 | $447K | $591K | $3.2M | $4.5M | — | View 990 |
| 2018 | $430K | $484K | $3.4M | $4.5M | — | View 990 |
| 2017 | $406K | $530K | $3.4M | $4.5M | — | View 990 |
| 2016 | $388K | $495K | $3.5M | $4.5M | — | View 990 |
| 2015 | $364K | $497K | $3.6M | $4.5M | — | View 990 |
| 2014 | $368K | $513K | $3.8M | $4.5M | — | View 990 |
| 2013 | $323K | $477K | $3.9M | $4.5M | — | View 990 |
| 2012 | $327K | $451K | $4.1M | $4.5M | — | View 990 |
| 2011 | $312K | $470K | $4.2M | $4.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $482K, expenses of $587K, and assets of $2.9M (revenue +4.2% year-over-year).
- 2022: Revenue of $462K, expenses of $585K, and assets of $3.0M (revenue +0.3% year-over-year).
- 2021: Revenue of $461K, expenses of $553K, and assets of $3.1M (revenue -0.7% year-over-year).
- 2020: Revenue of $464K, expenses of $506K, and assets of $3.2M (revenue +3.8% year-over-year).
- 2019: Revenue of $447K, expenses of $591K, and assets of $3.2M (revenue +4.0% year-over-year).
- 2018: Revenue of $430K, expenses of $484K, and assets of $3.4M (revenue +6.0% year-over-year).
- 2017: Revenue of $406K, expenses of $530K, and assets of $3.4M (revenue +4.6% year-over-year).
- 2016: Revenue of $388K, expenses of $495K, and assets of $3.5M (revenue +6.6% year-over-year).
- 2015: Revenue of $364K, expenses of $497K, and assets of $3.6M (revenue -1.0% year-over-year).
- 2014: Revenue of $368K, expenses of $513K, and assets of $3.8M (revenue +14.1% year-over-year).
- 2013: Revenue of $323K, expenses of $477K, and assets of $3.9M (revenue -1.5% year-over-year).
- 2012: Revenue of $327K, expenses of $451K, and assets of $4.1M (revenue +5.0% year-over-year).
- 2011: Revenue of $312K, expenses of $470K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Housing Of Birmingham Ii Inc:
Data Sources and Methodology
This transparency report for Catholic Housing Of Birmingham Ii 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.