Charity Baptist Church of Christ Inc

Analysis

Charity Baptist Church of Christ Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2014, 12 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, Charity Baptist Church of Christ Inc reported income of $62k and spending of $108k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $84k to $62k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charity Baptist Church of Christ Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Pho Duc Meditation Center Inc ($62k), Shining Light Ministries Inc ($62k) and Indo-Chinese Association of San Diego Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (22% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 23,525 employees.

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.