Baldwin Academy East Inc

Analysis

Baldwin Academy East Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Baldwin Academy East Inc reported income of $2.5m and spending of $2.2m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.6m to $2.5m (+60%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baldwin Academy East Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Asias Hope ($2.5m), Agape Manor Homes Inc ($2.5m) and Keep Austin Fed ($2.5m).

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 $494k (22% of expenses). Other salaries and wages came to $854k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 69 employees.