Spokane Baptist Association Homes Inc

Analysis

Spokane Baptist Association Homes Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 1969, 57 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 March 2024, Spokane Baptist Association Homes Inc reported income of $3.1m and spending of $2.0m, leaving 36% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.0m to $3.1m (+53%), an average of +11% a year. The sharpest change came in the year to March 2024, when income rose by 48%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spokane Baptist Association Homes Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Feeding the Hungry ($3.1m), Pasco Kids First Inc ($3.1m) and Christian Help Inc ($3.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 2.8% and program service revenue 80% of the total. Other salaries and wages came to $357k. At year end it held assets of $9.1m against liabilities of $6.3m, net assets of $2.8m. It reported 3 employees.