The Baptist Home

Analysis

The Baptist Home is a registered charity in United States, based in Jefferson City, MO. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, The Baptist Home reported income of $26.8m and spending of $20.8m, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $11.3m to $26.8m (+136%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Baptist Home sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Developmental Services of Sullivan County Inc ($26.8m), Marion-Polk Food Share Inc ($26.8m) and Peterborough Retirement Community at Upland Farm Inc ($26.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $239k (1.1% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $59.0m against liabilities of $15.8m, net assets of $43.2m. It reported 472 employees.