Bucks County Housing Group Inc

Analysis

Bucks County Housing Group Inc is a registered charity in United States, based in Warminster, PA. It received its IRS tax-exemption ruling in August 1972, 54 years ago. 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 June 2023, Bucks County Housing Group Inc reported income of $2.9m and spending of $3.6m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $2.9m (+5.5%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bucks County Housing Group Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Taylor Manor Inc ($2.9m), Coronado Schools Foundation ($2.9m) and Associates of the University of Toronto Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $132k (3.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $2.9m, net assets of -$122k. It reported 41 employees.