Bayview Manor Homes

Analysis

Bayview Manor Homes is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bayview Manor Homes reported income of $21.5m and spending of $26.9m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.0m to $21.5m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bayview Manor Homes sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Alternatives Inc ($21.5m), Region 3b Area Agency on Aging ($21.5m) and Friendsview Manor ($21.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $512k (1.9% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $76.9m against liabilities of $83.7m, net assets of -$6.8m. It reported 338 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.