Virginia Street Baptist Church Homes Inc

Analysis

Virginia Street Baptist Church Homes Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Virginia Street Baptist Church Homes Inc reported income of $695k and spending of $626k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $705k to $695k (-1.4%), an average of -0.5% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Virginia Street Baptist Church Homes Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Allen Temple Housing Corporation ($695k), Providence Peter Claver Association ($695k) and Inglis Housing Corporation ($695k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $114k. At year end it held assets of $744k against liabilities of $1.3m, net assets of -$545k.