Baptist Faith Missions Inc

Analysis

Baptist Faith Missions Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baptist Faith Missions Inc reported income of $814k and spending of $838k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $705k to $814k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Baptist Faith Missions Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Don Shire Ministries Inc ($813k), Christian Educational Services Inc ($814k) and Ezer Lamelamdim Inc ($813k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $32k (3.8% of expenses). Other salaries and wages came to $171k. At year end it held assets of $827k against liabilities of $0, net assets of $827k. It reported 2 employees.