Bayou Micro Fund

Analysis

Bayou Micro Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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 June 2023, Bayou Micro Fund reported income of $95k and spending of $67k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $113k to $95k (-16%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bayou Micro Fund sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Yellow Rose Chapter National Charity League Inc ($95k), Association for Union Democracy Inc ($96k) and Allan Houston Legacy Foundation Inc ($95k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.