Baptist Housing Inc

Analysis

Baptist Housing Inc is a registered charity in United States, based in Corbin, KY. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baptist Housing Inc reported income of $668k and spending of $436k, leaving 35% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $599k to $668k (+12%), an average of +2.8% a year. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baptist Housing Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Montebello Housing Development Corporation ($668k), RVM Lively Oak Housing Corporation ($668k) and Disciples Housing of Tacoma Washington ($668k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $125k. At year end it held assets of $1.6m against liabilities of $93k, net assets of $1.5m. It reported 5 employees.