Baker-Hunt Foundation Inc

Analysis

Baker-Hunt Foundation Inc is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in March 1943, 83 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baker-Hunt Foundation Inc reported income of $918k and spending of $854k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $815k to $918k (+13%), an average of +3.0% a year. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baker-Hunt Foundation Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Victory Heights Inc ($918k), Androscoggin Valley Home Care Services ($918k) and Veterans Association of Bristol County Inc ($918k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 46% of the total. Other salaries and wages came to $334k. At year end it held assets of $770k against liabilities of $0, net assets of $770k. It reported 17 employees.