Continental Baptist Missions

Analysis

Continental Baptist Missions is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in May 1943, 83 years ago. 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 March 2023, Continental Baptist Missions reported income of $2.0m and spending of $2.2m, spending 108% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $2.3m to $2.0m (-14%), an average of -3.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Continental Baptist Missions sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Kansas State Newman Foundation ($2.0m), Philadelphia Nationals Inc ($2.0m) and Pocumtuck Valley Memorial Assn ($2.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 102% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $156k (7.2% of expenses). Other salaries and wages came to $145k. At year end it held assets of $2.3m against liabilities of $297k, net assets of $2.0m. It reported 10 employees.