First Rock Baptist Church

Analysis

First Rock Baptist Church is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, First Rock Baptist Church reported income of $2.1m and spending of $1.3m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Rock Baptist Church sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Greer Relief & Resources Agency ($2.1m), Morgan County Family Center Inc ($2.1m) and Shared Mobility Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $89k (6.7% of expenses). Other salaries and wages came to $797k. At year end it held assets of $1.2m against liabilities of $44k, net assets of $1.2m. It reported 27 employees.