First Kachin Baptist Church of America

Analysis

First Kachin Baptist Church of America is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1955, 71 years ago. 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 2023, First Kachin Baptist Church of America reported income of $299k and spending of $150k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $299k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Kachin Baptist Church of America sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NE. Charities of a similar size with the same main cause include Friends of Dreamland ($299k), Lupus Foundation of America Wisconsin Chapter Inc ($299k) and New Hampshire Art Association Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $0.