Baptist Missions to Forgotten Peoples

Analysis

Baptist Missions to Forgotten Peoples is a registered charity in United States, based in Kernersville, NC. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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, Baptist Missions to Forgotten Peoples reported income of $5.8m and spending of $5.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $5.8m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baptist Missions to Forgotten Peoples sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Mountainlands Community Housing ($5.8m), Providence Building Sanitary and Educational Association ($5.8m) and Serenity Hospice and Home ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $147k (2.6% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.8m against liabilities of $626k, net assets of $1.2m. It reported 2 employees.