Bailes Consulting Services Inc

Analysis

Bailes Consulting Services Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in August 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 December 2022, Bailes Consulting Services Inc reported income of $787k and spending of $629k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $658k to $787k (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bailes Consulting Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Family Crisis Services of Northwest Mississippi Inc ($787k), Olga Lengyel Institute for Holocaust Studies and Human Rights ($787k) and Ballard High School Foundation ($787k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $436k (69% of expenses). Other salaries and wages came to $43k. At year end it held assets of $388k against liabilities of $110k, net assets of $278k.