Main Street Baptist Church Manor Inc

Analysis

Main Street Baptist Church Manor Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 1983, 43 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 March 2023, Main Street Baptist Church Manor Inc reported income of $2.1m and spending of $766k, leaving 63% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $663k to $2.1m (+212%), an average of +46% a year. The sharpest change came in the year to March 2023, when income rose by 223%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Main Street Baptist Church Manor Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Core Community Partners ($2.1m), Gerard Place Housing Development Fund Company Inc ($2.1m) and Habitat for Humanity International Inc ($2.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Other salaries and wages came to $228k. At year end it held assets of $2.3m against liabilities of $1.9m, net assets of $402k.