Baby Institute Inc

Analysis

Baby Institute Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 2015, 11 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 Institute Inc reported income of $132k and spending of $147k, spending 111% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $245k to $132k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baby Institute Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Vermont Parent Child Center Network ($132k), Rhythm of the Rein Inc ($132k) and Magic Wheelchair ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $229k against liabilities of $2,049, net assets of $227k.