Bayfield Early Education Program

Analysis

Bayfield Early Education Program is a registered charity in United States, based in Bayfield, CO. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Bayfield Early Education Program reported income of $808k and spending of $735k, spending 91% of its income. Across the 2 years on record, from June 2019 to June 2024, income grew from $490k to $808k (+65%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bayfield Early Education Program sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Prairie STEM ($808k), Fort Schuyler Maritime Alumni Association Inc ($808k) and Connecticut Library Consortium Inc ($808k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 96% of the total. Other salaries and wages came to $521k. At year end it held assets of $1.8m against liabilities of $424k, net assets of $1.4m. It reported 21 employees.