Bay School

Analysis

Bay School is a registered charity in United States, based in Blue Hill, ME. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bay School reported income of $1.7m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.7m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ME. Charities of a similar size with the same main cause include Catholic Education Scholarship TR ($1.7m), Alabama Humanities Alliance ($1.7m) and Harwood Center Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Other salaries and wages came to $812k. At year end it held assets of $3.1m against liabilities of $838k, net assets of $2.2m. It reported 43 employees.