Liberty Baptist Housing Authority Inc

Analysis

Liberty Baptist Housing Authority Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in October 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liberty Baptist Housing Authority Inc reported income of $480k and spending of $441k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $480k (+12%), an average of +2.8% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Baptist Housing Authority Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Arts Association of East Alabama ($480k), Children of the Rising Sun Empowerment Center ($480k) and Seneca Industrial & Economic Development Corp ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. Other salaries and wages came to $124k. At year end it held assets of $1.1m against liabilities of $1.2m, net assets of -$178k.