Bayat Foundation

Analysis

Bayat Foundation is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Bayat Foundation reported income of $206k and spending of $444k, spending 216% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $206k (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 396%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bayat Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Citizens for a Secure and Safe America Educational Committee Inc ($206k), Mae El Salvador ($206k) and Second Table Ministries ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,500 (0.6% of expenses). Other salaries and wages came to $18k. At year end it held assets of $557k against liabilities of $136k, net assets of $421k.