Bay Area Advisors Inc

Analysis

Bay Area Advisors Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Bay Area Advisors Inc reported income of $197k and spending of $283k, spending 144% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $223k to $197k (-11%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bay Area Advisors Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include D-Feet Cancer the Dalton Fox Foundation ($197k), Urban Healthcare Initiative Program Inc ($197k) and Southwest Kids Cancer Foundation Inc ($197k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 172% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.