The Bair Investment Corporation

Analysis

The Bair Investment Corporation is a registered charity in United States, based in New Wilmngtn, PA. It received its IRS tax-exemption ruling in October 2008, 18 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Bair Investment Corporation reported income of $295k and spending of $74k, leaving 75% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $662k to $295k (-56%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 290%. Over the whole period it spent 7.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Bair Investment Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Hamilton Educational Foundation Inc ($294k), Winchester Foundation for Educational Excellence Inc ($295k) and Laborers District Council & Vicinity Charitable Foundation Inc ($294k).

At year end it held assets of $17.8m against liabilities of $9,455, net assets of $17.8m.