Babyjays Legacy of Hope Fund

Analysis

Babyjays Legacy of Hope Fund is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Babyjays Legacy of Hope Fund reported income of $89k and spending of $91k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $89k (+3.0%), an average of +3.0% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Babyjays Legacy of Hope Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within KS. Charities of a similar size with the same main cause include Empowering Strides LLC ($89k), Fort Wayne Area Intergroup Inc ($89k) and California Law Enforcement Assistance Program ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 198% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.