Limestone Baptist Association

Analysis

Limestone Baptist Association is a registered charity in United States, based in Athens, AL. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Limestone Baptist Association reported income of $301k and spending of $310k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $301k (+18%), an average of +4.2% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Limestone Baptist Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Signs of Love ($301k), Powerhouse Chapel International ($301k) and Hope Academy for Personalized Education ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $76k (25% of expenses). Other salaries and wages came to $50k. At year end it held assets of $376k against liabilities of $3,294, net assets of $373k. It reported 4 employees.