The Bala House

Analysis

The Bala House is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in April 1978, 48 years ago. 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, The Bala House reported income of $1.8m and spending of $1.6m, spending 93% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $1.6m to $1.8m (+12%), an average of +5.9% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bala House 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 PA. Charities of a similar size with the same main cause include California Interscholastic Federation Central Section ($1.8m), High Hopes Neurological Recovery Group Inc ($1.8m) and Juniata Mennonite School ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $113k (6.9% of expenses). Other salaries and wages came to $814k. At year end it held assets of $2.1m against liabilities of $465k, net assets of $1.6m. It reported 22 employees.