Bayside Charity Corp

Analysis

Bayside Charity Corp is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bayside Charity Corp reported income of $103k and spending of $107k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $103k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bayside Charity Corp sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Red Light Rebellion ($103k), Southwest Florida Gwi Housing II Inc ($103k) and Friends of William Alexander Middle School 51 Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,295 against liabilities of $0, net assets of $3,295.