New St Phillip Baptist Church

Analysis

New St Phillip Baptist Church is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, New St Phillip Baptist Church reported income of $286k and spending of $366k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $286k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New St Phillip Baptist Church sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include See Global Inc ($286k), Kollel Choshen Mishpat ($286k) and Richard Mauthe Center for Faith Spirituality and Social Justice ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (38% of expenses). At year end it held assets of $842k against liabilities of $635k, net assets of $207k.

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.