Community Baptist Church Inc

Analysis

Community Baptist Church Inc is a registered charity in United States, based in Kingshill, VI. It received its IRS tax-exemption ruling in September 2007, 19 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 2022, Community Baptist Church Inc reported income of $76k and spending of $96k, spending 127% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $25k to $76k (+204%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 141% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Community Baptist Church Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 35th percentile within VI. Charities of a similar size with the same main cause include Lighthouse Ministries Foundation ($76k), Christ Covenant Ministries Inc ($76k) and Andrea Lennon Ministry Inc ($76k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,800 (7.1% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

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.