Calvary Baptist Community Center Inc

Analysis

Calvary Baptist Community Center Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Calvary Baptist Community Center Inc reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $2.6m (+4.4%), an average of +1.1% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Calvary Baptist Community Center 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 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Little Lambs Foundation for Kids Inc ($2.6m), King Highland Community Redevelopment Corporation ($2.6m) and Hallie Q Brown Community Center Incorporated ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $271k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $196k against liabilities of $34k, net assets of $162k. It reported 50 employees.