First Baptist and Manley Estates Inc

Analysis

First Baptist and Manley Estates Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, First Baptist and Manley Estates Inc reported income of $285k and spending of $413k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $285k (+12%), an average of +3.0% a year. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist and Manley Estates Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include The Reboli Center for Art and History ($285k), Fish of Cowlitz County ($285k) and Woodland Volunteer Bureau Food Closet ($285k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $1.9m against liabilities of $3.4m, net assets of -$1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.