Bulverde Senior Center

Analysis

Bulverde Senior Center is a registered charity in United States, based in Bulverde, TX. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bulverde Senior Center reported income of $1.1m and spending of $595k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $1.1m (+178%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bulverde Senior Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Dunn County Golf Association ($1.1m), Skate Like a Girl ($1.1m) and Midland County Agricultural & Horticultural Society ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 9.1% of the total. Other salaries and wages came to $158k. At year end it held assets of $1.8m against liabilities of $68k, net assets of $1.8m. It reported 5 employees.