Bakersfield-Kern Regional Home

Analysis

Bakersfield-Kern Regional Home is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bakersfield-Kern Regional Home reported income of $1.4m and spending of $1.6m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $708k to $1.4m (+103%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bakersfield-Kern Regional Home sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include A Community for Peace ($1.4m), The Lighthouse Foundation ($1.4m) and Food Connection Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $76k (4.9% of expenses). Other salaries and wages came to $203k. At year end it held assets of $3.4m against liabilities of $3.0m, net assets of $389k. It reported 6 employees.