Launch Pad Baker

Analysis

Launch Pad Baker is a registered charity in United States, based in Baker City, OR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover employment, 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, Launch Pad Baker reported income of $174k and spending of $110k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $174k (-27%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 51% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Launch Pad Baker sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OR. Charities of a similar size with the same main cause include Envision Mineral Wells Foundation Inc ($174k), Red Wing Downtown Council Main Street Inc ($174k) and Meals-On-Wheels of New Canaan Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.