Bayberry Inc
Analysis
Bayberry Inc is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Bayberry Inc reported income of $9.6m and spending of $8.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.3m to $9.6m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bayberry Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include New American Pathways Inc ($9.5m), Alameda Family Services ($9.6m) and Kings Home ($9.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $222k (2.6% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $3.4m against liabilities of $582k, net assets of $2.8m. It reported 171 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 87%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New American Pathways Inc | Atlanta | $9.5m |
| Alameda Family Services | Alameda | $9.6m |
| Kings Home | Chelsea | $9.5m |
| Collaborative Composite Solutions Corporation | Knoxville | $9.6m |