Baptist Publishing House

Analysis

Baptist Publishing House is a registered charity in United States, based in Jacksonville, TX. It received its IRS tax-exemption ruling in May 2022, 4 years ago. 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 May 2024, Baptist Publishing House reported income of $518k and spending of $455k, spending 88% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $428k to $518k (+21%), an average of +6.5% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baptist Publishing House sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Cloverdale Senior Multi Purpose Center ($518k), NC Elderly Housing Inc ($518k) and Montessori Association of Schenectady ($518k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $24k. At year end it held assets of $578k against liabilities of $20k, net assets of $557k. It reported 3 employees.