Bayan
Analysis
Bayan is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Bayan reported income of $3.2m and spending of $3.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $514k to $3.2m (+514%), an average of +57% a year. The sharpest change came in the year to June 2020, when income rose by 406%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bayan sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Breakthrough Silicon Valley ($3.2m), Soundview School ($3.2m) and Rockingham Library Association ($3.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $388k (13% of expenses). Other salaries and wages came to $258k. At year end it held assets of $1.9m against liabilities of $281k, net assets of $1.7m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 45%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Breakthrough Silicon Valley | San Jose | $3.2m |
| Soundview School | Lynnwood | $3.2m |
| Rockingham Library Association | Harrisonburg | $3.2m |
| Mi Escuela Montessori Inc | Lakeland | $3.2m |