Calvary Baptist Ministries Inc

Analysis

Calvary Baptist Ministries Inc is a registered charity in United States, based in Checotah, OK. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Calvary Baptist Ministries Inc reported income of $580k and spending of $485k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $687k to $580k (-16%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calvary Baptist Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Trinity Christian School of Carbondale ($580k), Capital Facilities Foundation Inc ($580k) and Mendham Borough Library ($579k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 59% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $71k (15% of expenses). Other salaries and wages came to $113k. At year end it held assets of $1.2m against liabilities of $443k, net assets of $722k. It reported 16 employees.