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First Baptist Church Scripture Publishing Ministery Inc

RegisteredEIN 31-1382170Milford, OHReligion
Income$2.9m2023-12
Spending$3.1msame year
Spent / received92%5-year average
Size in its cause97th pctReligion
Exempt since1995Publicly supported organisat
Employees32latest return

Analysis

First Baptist Church Scripture Publishing Ministery Inc is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, First Baptist Church Scripture Publishing Ministery Inc reported income of $2.9m and spending of $3.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $2.9m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Baptist Church Scripture Publishing Ministery Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Legacy of Yogi Bhajan Foundation ($2.9m), Annette Capps Ministries Inc ($2.9m) and Secrets Unsealed ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $83k (2.7% of expenses). Other salaries and wages came to $926k. At year end it held assets of $5.8m against liabilities of $146k, net assets of $5.7m. It reported 32 employees.

Income and spending

$0$1.3m$2.6m$3.8m$5.1m2019 Income: $3,605,9232019 Spending: $3,391,01420192020 Income: $3,671,7282020 Spending: $3,429,46620202021 Income: $5,110,8402021 Spending: $3,742,29520212022 Income: $4,734,0702022 Spending: $4,834,15620222023 Income: $2,878,4772023 Spending: $3,113,4012023
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Program services 1.9%
  • Other 22%

Similar-sized charities, same cause

CharityLocationIncome
Legacy of Yogi Bhajan FoundationSanta Cruz$2.9m
Annette Capps Ministries IncBroken Arrow$2.9m
Secrets UnsealedFresno$2.9m
Believers Faith Outreach Ministries South Florida IncTamarac$2.9m