General Baptist Nursing Home Board Inc

Analysis

General Baptist Nursing Home Board Inc is a registered charity in United States, based in Piggott, AR. It received its IRS tax-exemption ruling in January 1964, 62 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 August 2022, General Baptist Nursing Home Board Inc reported income of $1.4m and spending of $2.1m, spending 146% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $1.6m to $1.4m (-11%), an average of -3.8% a year. The sharpest change came in the year to August 2021, when income dropped by 23%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, General Baptist Nursing Home Board Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Three Village Soccer Club Inc ($1.4m), Boy Scouts of America ($1.4m) and Northampton County Workers Compensation Trust ($1.4m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $694k (33% of expenses). Other salaries and wages came to $713k. At year end it held assets of $5.5m against liabilities of $6.5m, net assets of -$940k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.