Texarkana Baptist Orphanage

Analysis

Texarkana Baptist Orphanage is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in June 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Texarkana Baptist Orphanage reported income of $1.0m and spending of $869k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $815k to $1.0m (+24%), an average of +5.6% a year. The sharpest change came in the year to August 2020, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texarkana Baptist Orphanage sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within AR. Charities of a similar size with the same main cause include Ideagarden Institute Incorporated ($1.0m), Harbor House ($1.0m) and Outgrowing Hunger ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $96k (11% of expenses). Other salaries and wages came to $295k. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m. It reported 25 employees.