FBC Community Ministries Inc

Analysis

FBC Community Ministries Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, FBC Community Ministries Inc reported income of $1.8m and spending of $1.4m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.8m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, FBC Community Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Durango Food Bank ($1.8m), Estuary Council of Seniors Inc ($1.8m) and Maine Long Term Care Ombudsman Program ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $200k (15% of expenses). Other salaries and wages came to $505k. At year end it held assets of $1.7m against liabilities of $4,819, net assets of $1.6m. It reported 40 employees.