Bair Foundation

Analysis

Bair Foundation is a registered charity in United States, based in New Wilmngtn, PA. It received its IRS tax-exemption ruling in September 1968, 58 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 June 2023, Bair Foundation reported income of $25.4m and spending of $25.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.7m to $25.4m (+2.9%), an average of +0.7% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bair Foundation 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 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include C E F S Economic Opportunity Corp ($25.4m), Salem Community Corp ($25.5m) and Hockomock Young Mens Christian Association Inc ($25.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $8.4m. At year end it held assets of $5.0m against liabilities of $3.9m, net assets of $1.1m. It reported 267 employees.