Bayaud Enterprises Inc

Analysis

Bayaud Enterprises Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1973, 53 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bayaud Enterprises Inc reported income of $15.1m and spending of $15.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.9m to $15.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bayaud Enterprises Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Independent Drivers Guild Inc ($15.0m), H I R E D ($15.1m) and The Mon Valley Initiative ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $250k (1.6% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $6.5m against liabilities of $2.8m, net assets of $3.7m. It reported 467 employees.