Bay Days

Analysis

Bay Days is a registered charity in United States, based in Silver Bay, MN. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Bay Days reported income of $119k and spending of $96k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $119k (-6.4%), an average of -6.4% a year. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bay Days sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Central Community Association Inc ($119k), Murray Hill Neighborhood Association Inc ($119k) and Affirm Cares ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.