Buckner Retirement Services Inc

Analysis

Buckner Retirement Services Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1995, 31 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 Retirement Services Inc reported income of $69.0m and spending of $68.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $56.8m to $69.0m (+22%), an average of +5.0% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Buckner Retirement Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Tenderloin Housing Clinic Inc ($68.8m), Allies Inc ($70.0m) and Presbyterian College ($67.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $675k (1.0% of expenses). Other salaries and wages came to $23.1m. At year end it held assets of $139.8m against liabilities of $160.6m, net assets of -$20.8m. It reported 799 employees.