Baptist Home for the Aged

Analysis

Baptist Home for the Aged is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1932, 94 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baptist Home for the Aged reported income of $104k and spending of $58k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $104k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 46% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baptist Home for the Aged sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Sage Housing Inc ($104k), Timber Hills Housing of Tishomingo County Inc ($104k) and Wrens Way Inc ($104k).

Other salaries and wages came to $8,658. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.