Buckner Foundation

Analysis

Buckner Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2002, 24 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 December 2023, Buckner Foundation reported income of $2.5m and spending of $2.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Buckner Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Involve MN ($2.5m), Grand Rapids Nehemiah Project ($2.5m) and Life Without Limbs ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $218k (10% of expenses). Other salaries and wages came to $560k. At year end it held assets of $1.2m against liabilities of $105k, net assets of $1.1m. It reported 29 employees.