First Baptist Church

Analysis

First Baptist Church is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in November 2017, 9 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, First Baptist Church reported income of $205k and spending of $223k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $205k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Baptist Church sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within KS. Charities of a similar size with the same main cause include God Quest Inc ($205k), My Catholic Life Inc ($205k) and Grace Endearment Mission Services US Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (12% of expenses). Other salaries and wages came to $69k. At year end it held assets of $513k against liabilities of $120k, net assets of $393k. It reported 3 employees.