First Baptist Church Housing Association

Analysis

First Baptist Church Housing Association is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, First Baptist Church Housing Association reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+18%), an average of +4.2% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, First Baptist Church Housing Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within WV. Charities of a similar size with the same main cause include American Lutheran Community Services Inc ($1.6m), Frayser Community Development Corporation ($1.6m) and Housing Opportunities Mortgage Assistance & Effective Neighborhoo ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $189k. At year end it held assets of $3.8m against liabilities of $1.7m, net assets of $2.0m. It reported 7 employees.