Truth Baptist Church

Analysis

Truth Baptist Church is a registered charity in United States, based in Radcliff, KY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Truth Baptist Church reported income of $105k and spending of $106k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $95k to $105k (+11%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth Baptist Church sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include Launch Mission ($105k), Ignatians West ($105k) and Hebron USA Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $645k against liabilities of $0, net assets of $645k.