Baby Bundles

Analysis

Baby Bundles is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Baby Bundles reported income of $1.6m and spending of $1.2m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $705k to $1.6m (+133%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 254%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baby Bundles sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Fostering Media Connections ($1.6m), Chrysalis Developmental Homes Inc ($1.6m) and Debt Education and Certification Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $89k (7.4% of expenses). Other salaries and wages came to $83k. At year end it held assets of $850k against liabilities of $250, net assets of $850k. It reported 3 employees.