First Karen Baptist Church

Analysis

First Karen Baptist Church is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Karen Baptist Church reported income of $175k and spending of $130k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $175k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Karen Baptist Church sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Claywood Event Center Inc ($175k), Amec Dept of Global Witness & Ministry Incorporated ($175k) and Souleader Resources ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $19k (15% of expenses). Other salaries and wages came to $24k. At year end it held assets of $977k against liabilities of $553, net assets of $977k. It reported 3 employees.