Burcham Hills Retirement Center II

Analysis

Burcham Hills Retirement Center II is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Burcham Hills Retirement Center II reported income of $27.3m and spending of $30.6m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.7m to $27.3m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Burcham Hills Retirement Center II sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include The Upstate Foundation Inc ($27.3m), Beacon Group Inc ($27.3m) and Villages of Indiana Inc ($27.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $121k (0.4% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $54.6m against liabilities of $45.8m, net assets of $8.7m. It reported 569 employees.