Bayareachess Inc

Analysis

Bayareachess Inc is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Bayareachess Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $1.9m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bayareachess Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Reapers Hockey Association ($1.9m), William J Palmer Parks Foundation Inc ($1.9m) and Irvine Youth Water Polo Corporation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $301k (17% of expenses). Other salaries and wages came to $394k. At year end it held assets of $1.1m against liabilities of $82k, net assets of $998k. It reported 12 employees.