Talbot Bernard Senior Housing Corporation

Analysis

Talbot Bernard Senior Housing Corporation is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in January 2002, 24 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 September 2024, Talbot Bernard Senior Housing Corporation reported income of $511k and spending of $549k, spending 107% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $323k to $511k (+58%), an average of +9.6% a year. The sharpest change came in the year to September 2024, when income rose by 27%. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Talbot Bernard Senior Housing Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include NCSC USA Housing Development Corporation Three ($511k), Family Promise of Bell County Inc ($511k) and Neighborhood Apartments Inc ($511k).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $3.6m against liabilities of $942k, net assets of $2.7m.

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.