Baptist Church Siloe

Analysis

Baptist Church Siloe is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2018, 8 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, Baptist Church Siloe reported income of $192k and spending of $114k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $192k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Baptist Church Siloe sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Jennifer Oneill Ministries Inc ($192k), Clark Copeland Ministries ($192k) and Ministry for Priestly Support ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $445k against liabilities of $133k, net assets of $312k.