St Baldricks Foundation Inc

Analysis

St Baldricks Foundation Inc is a registered charity in United States, based in Monrovia, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, St Baldricks Foundation Inc reported income of $23.9m and spending of $22.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $37.9m to $23.9m (-37%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Baldricks Foundation 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 98th percentile within CA. Charities of a similar size with the same main cause include Devto Support Foundation ($23.8m), Communtiy Foundation of the Holland Zeeland Area ($24.0m) and Givengain Foundation USA ($23.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $725k (3.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $25.7m against liabilities of $14.2m, net assets of $11.5m. It reported 50 employees.