Baptist Missionary Association of

Analysis

Baptist Missionary Association of is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, Baptist Missionary Association of reported income of $861k and spending of $1.8m, spending 204% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $853k to $861k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 164% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baptist Missionary Association of sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Human Resource Development Associates Inc ($861k), Illinois Agricultural Leadership Foundation ($861k) and Habitat for Humanity International Inc ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $107k (6.1% of expenses). Other salaries and wages came to $917k. At year end it held assets of $3.9m against liabilities of $16k, net assets of $3.9m. It reported 33 employees.

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.