Stoddard Baptist Home Foundation Inc

Analysis

Stoddard Baptist Home Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stoddard Baptist Home Foundation Inc reported income of $2.6m and spending of $5.5m, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $2.6m (-20%), an average of -5.5% a year. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stoddard Baptist Home Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Home Again Richmond ($2.6m), Walnut Way Conservation Corp Charitable Org ($2.6m) and Empower 225 ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $90k. At year end it held assets of $14.4m against liabilities of $23k, net assets of $14.4m.