Bonita House Inc

Analysis

Bonita House Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in December 1971, 55 years ago. 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 June 2023, Bonita House Inc reported income of $9.2m and spending of $9.7m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $9.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bonita House Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Mount Rogers Community Services Inc ($9.2m), The Third Way Foundation Inc ($9.2m) and United Rehabilitation Services of Greater Dayton ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $452k (4.7% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $8.1m against liabilities of $4.9m, net assets of $3.2m. It reported 127 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.