First Baptist Church-West Community Services Association Inc

Analysis

First Baptist Church-West Community Services Association Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2004, 22 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 June 2023, First Baptist Church-West Community Services Association Inc reported income of $1.4m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $522k to $1.4m (+168%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 116%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist Church-West Community Services Association Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Serve City ($1.4m), South Highland Child Development Center Inc ($1.4m) and Visiting Homemaker Service of Hudson Co ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (5.4% of expenses). Other salaries and wages came to $516k. At year end it held assets of $34k against liabilities of $96k, net assets of -$61k. It reported 49 employees.