Baobab Home

Analysis

Baobab Home is a registered charity in United States, based in Somerville, NJ. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Baobab Home reported income of $316k and spending of $288k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $316k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Baobab Home sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Friends of Casita Linda Ac ($316k), Southern Eye Institute ($316k) and Partners in Compassionate Care ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (19% of expenses). Other salaries and wages came to $3,007. At year end it held assets of $316k against liabilities of $750, net assets of $315k.