Bakersfield Senior Housing Inc

Analysis

Bakersfield Senior Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 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 December 2023, Bakersfield Senior Housing Inc reported income of $729k and spending of $941k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $729k (+22%), an average of +5.1% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bakersfield Senior Housing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Sutter Community Affordable Housing ($729k), Telacu Housing-Rialto Inc ($730k) and Gema Hall Housing Developement Fund Corp ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $3.8m against liabilities of $7.3m, net assets of -$3.5m.

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.