Atherton Baptist Homes

Analysis

Atherton Baptist Homes is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in January 1939, 87 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 December 2023, Atherton Baptist Homes reported income of $26.1m and spending of $24.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.3m to $26.1m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Atherton Baptist Homes sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Young Mens Christian Association of the Pikes Peak Region ($26.1m), Regional Task Force on the Homeless Inc ($26.1m) and Oklahoma State Fair Inc ($26.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $454k (1.9% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $69.6m against liabilities of $64.4m, net assets of $5.2m. It reported 195 employees.