Montgomery Baptist Outreach Services Corporation
Analysis
Montgomery Baptist Outreach Services Corporation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Montgomery Baptist Outreach Services Corporation reported income of $13.3m and spending of $21.5m, spending 161% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.2m to $13.3m (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 157% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Montgomery Baptist Outreach Services Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Visiting Nurse Association of Southeastern Connecticut Inc ($13.3m), George Mark Childrens Fund ($13.3m) and Health Planning Council of SW Fla ($13.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $18.1m against liabilities of $103.7m, net assets of -$85.6m. It reported 113 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Visiting Nurse Association of Southeastern Connecticut Inc | Waterford | $13.3m |
| George Mark Childrens Fund | Castro Valley | $13.3m |
| Health Planning Council of SW Fla | Fort Myers | $13.3m |
| Camc Foundation Inc | Charleston | $13.3m |