Mt Pleasant Baptist Church Inc

Analysis

Mt Pleasant Baptist Church Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mt Pleasant Baptist Church Inc reported income of $756k and spending of $856k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $614k to $756k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mt Pleasant Baptist Church Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Sentinel Ministries ($756k), American Friends of the Jerusalem Great Synagogue Inc ($757k) and Sacred Heart Foundation ($756k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $149k (17% of expenses). At year end it held assets of $968k against liabilities of $1.3m, net assets of -$301k.