Bairong Education Foundation Inc

Analysis

Bairong Education Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bairong Education Foundation Inc reported income of $3.5m and spending of $1.0m, leaving 71% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $3.5m (+5.5%), an average of +1.8% a year. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bairong Education Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Berean Christian Laymens Association ($3.5m), Street School Inc ($3.5m) and Partner in Employment ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $49k. At year end it held assets of $33.6m against liabilities of $31.7m, net assets of $2.0m. It reported 2 employees.