New Creation Baptist Church

Analysis

New Creation Baptist Church is a registered charity in United States, based in Millbury, MA. It received its IRS tax-exemption ruling in April 1955, 71 years ago. 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, New Creation Baptist Church reported income of $264k and spending of $209k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $264k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Creation Baptist Church sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Dorcas Ministries ($264k), North American Maritime Ministry Association ($264k) and Ozark Senior Center ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (25% of expenses). At year end it held assets of $457k against liabilities of $135k, net assets of $321k.