American Baptist Estates

Analysis

American Baptist Estates is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, American Baptist Estates reported income of $3.2m and spending of $3.3m, spending 106% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $2.7m to $3.2m (+16%), an average of +5.0% a year. The sharpest change came in the year to July 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Baptist Estates sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Child Development Centers of the Bluegrass Inc ($3.2m), Fulton County Family Partnership Inc ($3.2m) and Black Parent Initiative ($3.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $15.9m against liabilities of $3.8m, net assets of $12.2m. It reported 44 employees.