Baybasi Inc

Analysis

Baybasi Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baybasi Inc reported income of $208k and spending of $176k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $208k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baybasi Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Strauss Youth Academy for the Arts Inc ($208k), El Paso Scottish Rite Historical Library and Museum Foundation ($208k) and Amherst Historical Society ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 19% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.