Bayview Foundation Inc

Analysis

Bayview Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 1967, 59 years ago. 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, Bayview Foundation Inc reported income of $6.7m and spending of $1.4m, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $6.7m (+435%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bayview Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Emerge Community Development ($6.7m), Bethany Christian Schools Inc ($6.7m) and Employment Connection ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $149k (10% of expenses). Other salaries and wages came to $823k. At year end it held assets of $15.3m against liabilities of $110k, net assets of $15.2m. It reported 42 employees.