Rising Star Missionary Baptist Church 4

Analysis

Rising Star Missionary Baptist Church 4 is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 1993, 33 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 December 2023, Rising Star Missionary Baptist Church 4 reported income of $96k and spending of $108k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $96k (+1.5%), an average of +1.5% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rising Star Missionary Baptist Church 4 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Waupaca Thrift Ltd ($96k), Champaign Central Band Boosters Inc ($96k) and Rotary Club of York Maine Charitable Foundation ($96k).

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). Other salaries and wages came to $15k. At year end it held assets of $1.1m against liabilities of $150k, net assets of $953k.