Baines Legacy

Analysis

Baines Legacy is a registered charity in United States, based in Preston, ID. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baines Legacy reported income of $76k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $76k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 46% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baines Legacy sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within ID. Charities of a similar size with the same main cause include Hyndman Area Rescue Squad ($75k), Outer Banks Dementia Friendly Coalition Inc ($76k) and Lean on Me Breast Cancer Network Inc ($75k).

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 $1 against liabilities of $0, net assets of $1.