Fundamental Baptist Home Missions Inc

Analysis

Fundamental Baptist Home Missions Inc is a registered charity in United States, based in Bessemer City, NC. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Fundamental Baptist Home Missions Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fundamental Baptist Home Missions Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Riviera Beach Community Outreach Inc ($1.8m), Option Institute and Fellowship ($1.8m) and Torahanytimecom Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.