Baby Fold

Analysis

Baby Fold is a registered charity in United States, based in Normal, IL. It received its IRS tax-exemption ruling in October 1955, 71 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 June 2023, Baby Fold reported income of $19.4m and spending of $20.3m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $18.1m to $19.4m (+7.2%), an average of +2.3% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baby Fold sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Inter Tribal Council of Michigan Inc ($19.4m), Living Cities Inc the National Community Development Initiative ($19.4m) and Horizons for Homeless Children Inc ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $222k (1.1% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $29.9m against liabilities of $7.0m, net assets of $22.8m. It reported 329 employees.