First Filipino Baptist Church of Lancaster

Analysis

First Filipino Baptist Church of Lancaster is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in August 2019, 7 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, First Filipino Baptist Church of Lancaster reported income of $151k and spending of $145k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $151k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Filipino Baptist Church of Lancaster sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Celebrate Hope Ministry USA ($151k), Vine House Inc ($151k) and Beacon of Hearts Ministries Inc ($151k).

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 $18k (12% of expenses). At year end it held assets of $508k against liabilities of $403k, net assets of $105k.