Baldwin Community and Economic Development Foundation

Analysis

Baldwin Community and Economic Development Foundation is a registered charity in United States, based in Fairhope, AL. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Baldwin Community and Economic Development Foundation reported income of $2.9m and spending of $312k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $2.9m (+2609%), an average of +2609% a year. The sharpest change came in the year to December 2023, when income rose by 2609%. Over the whole period it spent 16% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Baldwin Community and Economic Development Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Construction Industry Training TR ($2.9m), Central Workforce Development ($2.9m) and Puerto Rico Manufacturing Extension Primex Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $3.0m against liabilities of $273k, net assets of $2.7m.