Babcock Urological Endow FD

Analysis

Babcock Urological Endow FD is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Babcock Urological Endow FD reported income of $5.2m and spending of $1.1m, leaving 78% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $794k to $5.2m (+557%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 430%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Babcock Urological Endow FD 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 93rd percentile within DE. Charities of a similar size with the same main cause include South Carolina for Online Education Inc ($5.2m), Beth Medrash Govoha of Lakewood Inc ($5.2m) and Firemens Association of the State New York Foundation Inc ($5.2m).

Compensation of current officers, directors and key employees was $82k (7.1% of expenses). At year end it held assets of $21.1m against liabilities of $0, net assets of $21.1m.