Baptist Missions Foundation of Nevada Inc

Analysis

Baptist Missions Foundation of Nevada Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 1998, 28 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Baptist Missions Foundation of Nevada Inc reported income of $176k and spending of $171k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $176k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baptist Missions Foundation of Nevada Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within NV. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($176k), Edgewood Sailing School ($176k) and The Friends of Pruyn House ($176k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.7m against liabilities of $2.8m, net assets of $847k.