Baptist Homes Foundation

Analysis

Baptist Homes Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 2021, 5 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 June 2023, Baptist Homes Foundation reported income of $1.7m and spending of $1.9m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+57%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baptist Homes Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Collat Jewish Family Services ($1.7m), Mirror Ministries ($1.7m) and Redwood City Child Development Program Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $242k. At year end it held assets of $12.1m against liabilities of $2.1m, net assets of $9.9m. It reported 5 employees.