Baptist Service Corporation

Analysis

Baptist Service Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Baptist Service Corporation reported income of $1.5m and spending of $301k, leaving 80% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income grew from $248k to $1.5m (+520%), an average of +149% a year. The sharpest change came in the year to June 2021, when income rose by 188%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baptist Service Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include World Outreach Fund ($1.5m), Glendower Group Inc ($1.5m) and Dunn Tower Apartments Inc ($1.5m).

At year end it held assets of $45.0m against liabilities of $0, net assets of $45.0m.