First Baptist Church of Hudson

Analysis

First Baptist Church of Hudson is a registered charity in United States, based in Hudson, FL. It received its IRS tax-exemption ruling in August 1969, 57 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Baptist Church of Hudson reported income of $215k and spending of $232k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $214k to $215k (+0.2%), an average of +0.2% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Baptist Church of Hudson sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include National Japanese American Memorial Foundation ($215k), General Assembly ($215k) and Little League Baseball Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). At year end it held assets of $483k against liabilities of $1,614, net assets of $482k. It reported 1 employees.