Bassett Creek Senior Housing

Analysis

Bassett Creek Senior Housing is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Bassett Creek Senior Housing reported income of $423k and spending of $418k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $423k (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bassett Creek Senior Housing sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include The Bridge Wellness South Corporation ($423k), National Canine Cancer Foundation Inc ($423k) and Kidz Can Corporation ($423k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $50k, net assets of $1.4m.