Bair Foundation of Virginia

Analysis

Bair Foundation of Virginia is a registered charity in United States, based in New Wilmngtn, PA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Bair Foundation of Virginia reported income of $5.0m and spending of $4.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $5.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bair Foundation of Virginia sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Deaf Bible Society Inc ($5.0m), Naaleh School for Girls a NJ Nonprofit Corporation ($5.0m) and Cuesta College Foundation ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $6.4m against liabilities of $1.1m, net assets of $5.3m. It reported 67 employees.