First Baptist Church Denbigh Child Development Center

Analysis

First Baptist Church Denbigh Child Development Center is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in August 2024, 2 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 August 2023, First Baptist Church Denbigh Child Development Center reported income of $221k and spending of $292k, spending 132% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $164k to $221k (+35%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 635%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist Church Denbigh Child Development Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Sam Adeyemi Ministries Inc ($221k), Northern Tier Childrens Home Residential Services Inc ($221k) and Couples for Christ Metropolitan Washington DC Inc ($221k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $44k (15% of expenses). Other salaries and wages came to $186k. At year end it held assets of $167k against liabilities of $9,218, net assets of $158k. It reported 12 employees.