Bayaan Academy Inc

Analysis

Bayaan Academy Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bayaan Academy Inc reported income of $1.3m and spending of $1.7m, spending 127% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $1.5m to $1.3m (-11%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income rose by 120%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bayaan Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Womens Global Education Project ($1.3m), Mary T and James J Hill Library Foundation ($1.3m) and Olympia Waldorf Education Association ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $236k, net assets of $1.1m. It reported 33 employees.