Baxter Community Center

Analysis

Baxter Community Center is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 1970, 56 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, Baxter Community Center reported income of $2.4m and spending of $3.0m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.4m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baxter Community Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Spanish Community Center ($2.4m), Healing Urban Barrios ($2.4m) and New Hope for Women Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $84k (2.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.4m against liabilities of $112k, net assets of $3.3m. It reported 65 employees.