Bailaty Charitable Organization

Analysis

Bailaty Charitable Organization is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bailaty Charitable Organization reported income of $50k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $52k to $50k (-3.3%), an average of -3.3% a year. Over the whole period it spent 26% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bailaty Charitable Organization sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within IL. Charities of a similar size with the same main cause include MSBF Ministries ($50k), Hope International Ministry ($50k) and Reclaiming Hearts Ministries ($50k).

At year end it held assets of $170k against liabilities of $170k, net assets of $0.