Baptist Home Association of the Rocky Mountain Inc

Analysis

Baptist Home Association of the Rocky Mountain Inc is a registered charity in United States, based in Eden Prairie, MN. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Baptist Home Association of the Rocky Mountain Inc reported income of $22.9m and spending of $27.4m, spending 120% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $27.6m to $22.9m (-17%), an average of -4.6% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baptist Home Association of the Rocky Mountain Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Northwood Childrens Home Society Inc ($22.9m), Food Depot ($22.9m) and Lena Pope Home Inc ($22.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $12.3m. At year end it held assets of $25.7m against liabilities of $37.0m, net assets of -$11.4m.

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.