Second Baptist Housing Association Inc

Analysis

Second Baptist Housing Association Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 1984, 42 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, Second Baptist Housing Association Inc reported income of $570k and spending of $577k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $570k (+96%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Second Baptist Housing Association Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Palm Court Senior Homes Inc ($569k), Gis Housing IV Inc ($570k) and Volunteers of America Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 29% of the total. At year end it held assets of $1.2m against liabilities of $1.6m, net assets of -$319k.

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.