Babcock House Corp

Analysis

Babcock House Corp is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Babcock House Corp reported income of $117k and spending of $129k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $117k (-14%), an average of -14% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Babcock House Corp sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Chapoquoit Yacht Club Inc ($117k), Inderkum High School Music Booster ($117k) and Omek Foundatioin ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $470k against liabilities of $12k, net assets of $458k.