High Praises Baptist Church

Analysis

High Praises Baptist Church is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2021, High Praises Baptist Church reported income of $1.1m and spending of $660k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $548k to $1.1m (+98%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, High Praises Baptist Church sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Birchas Yaakov Inc ($1.1m), Temple of Change and Transformation ($1.1m) and Jain Center of Greater Charlotte ($1.1m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $105k (16% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.0m against liabilities of $29k, net assets of $976k. It reported 11 employees.