Bickford Street Elderly Housing Corporation

Analysis

Bickford Street Elderly Housing Corporation is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in December 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bickford Street Elderly Housing Corporation reported income of $639k and spending of $949k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $639k (+6.1%), an average of +1.5% a year. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bickford Street Elderly Housing Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Harbor Point Community Task Force Inc ($639k), The Pavillion Housing Development Fund Corporation ($639k) and Beaumont Csi Senior Housing Inc ($639k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $6.4m against liabilities of $4.0m, net assets of $2.4m.

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.