Iglesia Bautista Townwood

Analysis

Iglesia Bautista Townwood is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Iglesia Bautista Townwood reported income of $602k and spending of $808k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $572k to $602k (+5.1%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iglesia Bautista Townwood sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Almagd TV ($602k), Christian Creative Communication Center ($602k) and Icm Learning Academy ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $324k. At year end it held assets of $995k against liabilities of $0, net assets of $995k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.