Las Bougainvilleas Senior Housing Inc

Analysis

Las Bougainvilleas Senior Housing Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 1996, 30 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, Las Bougainvilleas Senior Housing Inc reported income of $999k and spending of $1.2m, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $681k to $999k (+47%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Las Bougainvilleas Senior Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Nonantum Village Place Inc ($999k), Rebuilding Together of Greater Charlotte Inc ($1000k) and Panorama West Inc ($998k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $286k. At year end it held assets of $3.9m against liabilities of $2.3m, net assets of $1.6m.

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.