Bayside Church Inc

Analysis

Bayside Church Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in January 2008, 18 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 2021, Bayside Church Inc reported income of $370k and spending of $568k, spending 154% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $719k to $370k (-48%), an average of -28% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bayside Church Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Hindu Temple Society of New Mexico 020399 ($370k), Krishna Protects Cows Inc ($370k) and Japanese Christian Fellowship Network ($370k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $420k, net assets of $1.2m.