Baileys Cafe Inc

Analysis

Baileys Cafe Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Baileys Cafe Inc reported income of $353k and spending of $376k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $248k to $353k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baileys Cafe Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Colorado Model Railroad Museum ($353k), Island Choral Experience ($353k) and Association of Zambians in Seattle ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $19k (5.0% of expenses). At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 1 employees.