Bienestar Human Services Inc

Analysis

Bienestar Human Services Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Bienestar Human Services Inc reported income of $8.8m and spending of $7.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $8.8m (+92%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bienestar Human Services Inc sits at the 83rd percentile: it is larger than about 83% 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 Valley Vna Health Systems Inc ($8.8m), Sanford Health Foundation North ($8.8m) and Angel Flight West Inc ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $437k (5.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.0m against liabilities of $1.3m, net assets of $5.6m. It reported 67 employees.