BST Senior Living East Inc

Analysis

BST Senior Living East Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 1964, 62 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 June 2023, BST Senior Living East Inc reported income of $9.7m and spending of $15.5m, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $9.7m (+3.5%), an average of +0.9% a year. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, BST Senior Living East Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Center for Veterans Issues Inc ($9.7m), United States Catholic Conference ($9.7m) and Association for Retarded Citizens Housing Development Services Inc ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $54.3m against liabilities of $154.2m, net assets of -$99.9m. It reported 96 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.