The Way Family Baptist Church Inc

Analysis

The Way Family Baptist Church Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 2021, 5 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, The Way Family Baptist Church Inc reported income of $117k and spending of $115k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $117k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Way Family Baptist Church Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Life on Life ($117k), Donnas House Inc NFP ($118k) and Vietnamese Buddhist Youth Association ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.