Sandy Run Missionary Baptist Church Apartment 1 Inc

Analysis

Sandy Run Missionary Baptist Church Apartment 1 Inc is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in October 1974, 52 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Sandy Run Missionary Baptist Church Apartment 1 Inc reported income of $2.0m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.3m to $2.0m (-12%), an average of -3.0% a year. The sharpest change came in the year to July 2023, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sandy Run Missionary Baptist Church Apartment 1 Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Ecumenical Housing Development Group ($2.0m), Lowell Transitional Living Center Inc ($2.0m) and Episcopal Homes Foundation of Minnesota ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. At year end it held assets of $6.3m against liabilities of $7.4m, net assets of -$1.2m.