Baptist Women in Ministry Inc

Analysis

Baptist Women in Ministry Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2024, Baptist Women in Ministry Inc reported income of $1.1m and spending of $733k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $159k to $1.1m (+606%), an average of +63% a year. The sharpest change came in the year to June 2021, when income rose by 116%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baptist Women in Ministry Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Mercer Island Schools Foundation ($1.1m), New Genesis Inc ($1.1m) and My Brothers Keeper Community Services ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $133k (18% of expenses). Other salaries and wages came to $180k. At year end it held assets of $861k against liabilities of $0, net assets of $861k. It reported 7 employees.