Bay-Rama Inc

Analysis

Bay-Rama Inc is a registered charity in United States, based in New Baltimore, MI. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Bay-Rama Inc reported income of $107k and spending of $37k, leaving 65% of income unspent that year. Across the 4 years on record, from July 2021 to July 2024, income fell from $119k to $107k (-10%), an average of -3.6% a year. The sharpest change came in the year to July 2024, when income dropped by 36%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bay-Rama Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Its Midwest ($107k), Mother of Mercy Foundation ($107k) and Tintilou Needs You Inc ($107k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $596k against liabilities of $3,764, net assets of $593k.