Stoddard Baptist Global Care

Analysis

Stoddard Baptist Global Care is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stoddard Baptist Global Care reported income of $24.7m and spending of $30.8m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.6m to $24.7m (-7.2%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stoddard Baptist Global Care sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include The Coachella Valley Housing Coalition ($24.4m), Educational Housing Services Inc ($24.8m) and Rebuilding Together Inc ($24.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.3m (4.2% of expenses). Other salaries and wages came to $13.8m. At year end it held assets of $15.2m against liabilities of $36.8m, net assets of -$21.6m. It reported 334 employees.