Alabama Baptist Retirement Centers Inc

Analysis

Alabama Baptist Retirement Centers Inc is a registered charity in United States, based in Prattville, AL. It received its IRS tax-exemption ruling in November 2008, 18 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, Alabama Baptist Retirement Centers Inc reported income of $440k and spending of $423k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $390k to $440k (+13%), an average of +3.1% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alabama Baptist Retirement Centers Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include Mountain Housing Opportunities Loan Fund Inc ($440k), Trinity Methodist Church Apts Inc ($440k) and Winter Grove Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $67k. At year end it held assets of $1.1m against liabilities of $41k, net assets of $1.1m.