Baptist Community Services

Analysis

Baptist Community Services is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Baptist Community Services reported income of $40.6m and spending of $43.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.8m to $40.6m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baptist Community Services sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Metropolitan New York Coordinating Council on Jewish Poverty ($40.5m), Gemma Services ($40.6m) and Champaign Residential Services Inc ($40.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.5m (3.4% of expenses). Other salaries and wages came to $17.8m. It paid $18k in professional fundraising fees. At year end it held assets of $100.6m against liabilities of $78.5m, net assets of $22.1m. It reported 725 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.