Family Baptist Church Inc

Analysis

Family Baptist Church Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2021, 5 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 2020, Family Baptist Church Inc reported income of $53k and spending of $38k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2016 to December 2020, income fell from $63k to $53k (-17%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family Baptist Church Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Church of the Nativity of Christ Foundation ($53k), Gkerr Ministries Corp ($53k) and New Millennium Missions ($53k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.