Buckner Senior Living Inc

Analysis

Buckner Senior Living Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2014, 12 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, Buckner Senior Living Inc reported income of $30.4m and spending of $41.5m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $30.4m (+2840%), an average of +133% a year. The sharpest change came in the year to December 2020, when income rose by 1026%. Over the whole period it spent 178% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Buckner Senior Living Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Reach Community Development Inc ($30.4m), Center for Community Action ($30.5m) and Full Circle Communities Inc ($30.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 96% of the total. Other salaries and wages came to $10.2m. At year end it held assets of $197.8m against liabilities of $280.3m, net assets of -$82.6m. It reported 392 employees.

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.