Bailey House Inc
Bailey House Inc. consistently reports 0% officer compensation but frequently operates with annual deficits.
EIN: 133165181 · Brooklyn, NY · NTEE: G81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.1M |
| Total Expenses | $25.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $13.7M |
| Transparency Score | 85/100 |
Is Bailey House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bailey House Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bailey House Inc
Bailey House Inc (EIN: 133165181) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code G81Z. The organization reported total revenue of $20.1M and total assets of $33.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bailey House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bailey House Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.0M |
| Total Expenses | $25.0M |
| Surplus / Deficit | $-986,319 |
| Total Assets | $16.8M |
| Total Liabilities | $3.1M |
| Net Assets | $13.7M |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 8.1 months |
Financial Health Grade: B
In 2023, Bailey House Inc reported a deficit of $986K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bailey House Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +10.3% | -15.6% |
| 2022 | -1.5% | +0.9% | -1.8% |
| 2021 | +14.3% | +7.3% | +5.6% |
| 2020 | +5.3% | +6.1% | -6.6% |
| 2019 | -9.7% | -1.8% | +133.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bailey House Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Bailey House Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $986K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size (over $20 million in annual revenue) and indicates a strong commitment to directing all funds towards programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bailey House Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023, 2022, 2021, 2020, 2019), indicating expenses frequently exceed revenue.
- Significant fluctuations in total assets, which could suggest instability or major capital changes without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Bailey House Inc:
- Exceptional transparency and commitment to mission, evidenced by 0% officer compensation reported across all filings.
- Substantial and growing revenue base, exceeding $20 million in recent years, indicating strong fundraising or grant acquisition capabilities.
- Long operational history (13 filings provided), suggesting established presence and experience in its field.
Frequently Asked Questions about Bailey House Inc
Is Bailey House Inc a legitimate charity?
Bailey House Inc (EIN: 133165181) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $20.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bailey House Inc spend its money?
Bailey House Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Bailey House Inc tax-deductible?
Bailey House Inc is registered as a tax-exempt nonprofit (EIN: 133165181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bailey House Inc CEO make?
Bailey House Inc's highest-compensated officer earns $20 annually. The organization reported $20.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bailey House Inc's spending goes to programs?
Bailey House Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bailey House Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bailey House Inc is above average for NTEE category G81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bailey House Inc located?
Bailey House Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133165181. It is classified under NTEE code G81Z.
How many years of IRS 990 filings does Bailey House Inc have?
Bailey House Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $20.1M in total revenue.
Is Bailey House Inc. financially sustainable given its recurring operational deficits?
While Bailey House Inc. has substantial assets ($16,795,098 in 2023), its recurring operational deficits (e.g., $25,008,268 expenses vs. $24,021,949 revenue in 2023) suggest a need for a more robust financial strategy to ensure long-term sustainability without depleting reserves.
How does Bailey House Inc. manage to operate without paying officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. This could indicate that executive leadership is either volunteer-based, compensated through a related entity not reported on the 990, or that the organization has a unique compensation structure that does not involve direct officer salaries.
What is the trend in Bailey House Inc.'s asset growth?
Bailey House Inc.'s assets have shown significant fluctuation, growing from $4,974,771 in 2015 to a peak of $20,560,811 in 2019, then decreasing to $16,795,098 in 2023. This indicates periods of asset acquisition or appreciation followed by periods of decline or utilization.
Filing History
IRS 990 filing history for Bailey House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bailey House Inc's revenue has grown by 157.3%, moving from $9.3M to $24.0M. Total assets increased by 383% over the same period, from $3.5M to $16.8M. Total functional expenses rose by 167.1%, from $9.4M to $25.0M. In its most recent filing year (2023), Bailey House Inc reported a deficit of $986K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $16.8M in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.0M | $25.0M | $16.8M | $3.1M | — | — |
| 2022 | $21.7M | $22.7M | $19.9M | $5.2M | — | View 990 |
| 2021 | $22.1M | $22.5M | $20.3M | $4.6M | — | View 990 |
| 2020 | $19.3M | $20.9M | $19.2M | $3.2M | — | View 990 |
| 2019 | $18.3M | $19.7M | $20.6M | $2.9M | — | View 990 |
| 2018 | $20.3M | $20.1M | $8.8M | $3.8M | — | View 990 |
| 2017 | $17.8M | $16.2M | $8.6M | $3.8M | — | View 990 |
| 2016 | $13.9M | $13.3M | $6.2M | $3.0M | — | View 990 |
| 2015 | $12.1M | $11.8M | $5.0M | $2.4M | — | View 990 |
| 2014 | $12.2M | $11.1M | $5.6M | $3.4M | — | View 990 |
| 2013 | $10.3M | $10.2M | $3.2M | $2.0M | — | View 990 |
| 2012 | $9.1M | $9.1M | $3.0M | $1.9M | — | View 990 |
| 2011 | $9.3M | $9.4M | $3.5M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.0M, expenses of $25.0M, and assets of $16.8M (revenue +10.5% year-over-year).
- 2022: Revenue of $21.7M, expenses of $22.7M, and assets of $19.9M (revenue -1.5% year-over-year).
- 2021: Revenue of $22.1M, expenses of $22.5M, and assets of $20.3M (revenue +14.3% year-over-year).
- 2020: Revenue of $19.3M, expenses of $20.9M, and assets of $19.2M (revenue +5.3% year-over-year).
- 2019: Revenue of $18.3M, expenses of $19.7M, and assets of $20.6M (revenue -9.7% year-over-year).
- 2018: Revenue of $20.3M, expenses of $20.1M, and assets of $8.8M (revenue +14.0% year-over-year).
- 2017: Revenue of $17.8M, expenses of $16.2M, and assets of $8.6M (revenue +28.2% year-over-year).
- 2016: Revenue of $13.9M, expenses of $13.3M, and assets of $6.2M (revenue +14.4% year-over-year).
- 2015: Revenue of $12.1M, expenses of $11.8M, and assets of $5.0M (revenue -0.1% year-over-year).
- 2014: Revenue of $12.2M, expenses of $11.1M, and assets of $5.6M (revenue +18.0% year-over-year).
- 2013: Revenue of $10.3M, expenses of $10.2M, and assets of $3.2M (revenue +13.4% year-over-year).
- 2012: Revenue of $9.1M, expenses of $9.1M, and assets of $3.0M (revenue -2.7% year-over-year).
- 2011: Revenue of $9.3M, expenses of $9.4M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bailey House Inc:
Data Sources and Methodology
This transparency report for Bailey House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.