Bays Inc

Analysis

Bays Inc is a registered charity in United States, based in Arnold, MD. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Bays Inc reported income of $735k and spending of $769k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $624k to $735k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bays Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Greater Life Inc ($735k), Newton Park Inc ($736k) and LA Paz County Fair Association Inc ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $699k against liabilities of $0, net assets of $699k.