Bay Area Senior Services Inc

Analysis

Bay Area Senior Services Inc is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in February 1993, 33 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 September 2023, Bay Area Senior Services Inc reported income of $20.5m and spending of $20.9m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.5m to $20.5m (+17%), an average of +4.0% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bay Area Senior Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($20.4m), Viecare Butler LLC ($20.5m) and Good Samaritan Shelter ($20.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $251k (1.2% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $57.2m against liabilities of $44.8m, net assets of $12.3m. It reported 176 employees.