Because of Bailey Inc

Analysis

Because of Bailey Inc is a registered charity in United States, based in Pahrump, NV. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover health care, 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, Because of Bailey Inc reported income of $570k and spending of $602k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $570k (+137%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Because of Bailey Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NV. Charities of a similar size with the same main cause include Down Syndrome Foundation of Florida Inc ($570k), Depression Solutions Inc ($570k) and Pastors Pantry Targeting Senior Hunger ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.