Baylor Line Foundation

Analysis

Baylor Line Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Baylor Line Foundation reported income of $770k and spending of $954k, spending 124% of what it took in. Across the 6 years on record, from May 2019 to December 2023, income fell from $1.3m to $770k (-42%), an average of -10% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baylor Line Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Indigenous Educational Institute Inc ($770k), Fort Smith Montesorri School Inc ($770k) and Air-Conditioning Heating and Refrigeration Technology Institute ($770k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $84k (8.9% of expenses). Other salaries and wages came to $226k. At year end it held assets of $9.3m against liabilities of $161k, net assets of $9.1m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.