Bauer Family Resources Inc

Analysis

Bauer Family Resources Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in October 1971, 55 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, Bauer Family Resources Inc reported income of $9.4m and spending of $9.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $9.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bauer Family Resources Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Mid-Willamette Family YMCA Inc ($9.4m), The Food Trust ($9.4m) and Sacred Heart Care Center Inc ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $275k (2.9% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $5.2m against liabilities of $1.8m, net assets of $3.4m. It reported 186 employees.