Union Baptist Community Housing Co
Union Baptist Community Housing Co: Consistent Operations, Limited Growth
EIN: 222532020 · Wilmington, DE · NTEE: L20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $616K |
| Program Spending | 85% |
| Net Assets | $-805,637 |
| Transparency Score | 65/100 |
Is Union Baptist Community Housing Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Union Baptist Community Housing Co directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Union Baptist Community Housing Co
Union Baptist Community Housing Co (EIN: 222532020) is a nonprofit organization based in Wilmington, DE, classified under NTEE code L20. The organization reported total revenue of $535K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Baptist Community Housing Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Baptist Community Housing Co is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $535K |
| Total Expenses | $616K |
| Surplus / Deficit | $-80,843 |
| Total Assets | $1.6M |
| Total Liabilities | $2.5M |
| Net Assets | $-805,637 |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 148.9% |
| Months of Reserves | 32.1 months |
Financial Health Grade: C
In 2023, Union Baptist Community Housing Co reported a deficit of $81K with expenses exceeding revenue, holds 32.1 months of operating reserves (strong position), has a debt-to-asset ratio of 148.9% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Union Baptist Community Housing Co's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +8.8% | -4.6% |
| 2022 | -8.2% | -2.4% | -2.3% |
| 2021 | +0.7% | -0.5% | -1.0% |
| 2020 | +0.5% | +3.5% | -2.2% |
| 2019 | +2.6% | +4.5% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Union Baptist Community Housing Co with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Union Baptist Community Housing Co allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 148.9%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific figures for salaries or benefits are provided in the available financial data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Union Baptist Community Housing Co's IRS 990 filings:
- Total expenses consistently exceed revenue in recent years (e.g., 2023: revenue $534,889, expenses $615,732), indicating a reliance on reserves or other non-operating income.
- Assets have shown a steady decline from $2,033,082 in 2016 to $1,646,448 in 2023, suggesting potential asset depreciation or divestment without significant reinvestment.
- Liabilities have remained relatively stable and high compared to assets, with liabilities at $2,452,085 in 2023 exceeding total assets.
Strengths
The following positive indicators were identified for Union Baptist Community Housing Co:
- Consistent revenue generation over the past seven years, averaging around $550,000 annually.
- Stable operational presence in Wilmington, DE, as indicated by consistent annual filings.
- Zero reported fundraising costs ('c0%') across all years, suggesting efficient fundraising or reliance on other funding mechanisms.
Frequently Asked Questions about Union Baptist Community Housing Co
Is Union Baptist Community Housing Co a legitimate charity?
Union Baptist Community Housing Co (EIN: 222532020) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $535K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Union Baptist Community Housing Co spend its money?
Union Baptist Community Housing Co directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Union Baptist Community Housing Co tax-deductible?
Union Baptist Community Housing Co is registered as a tax-exempt nonprofit (EIN: 222532020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Union Baptist Community Housing Co's spending goes to programs?
Union Baptist Community Housing Co directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Union Baptist Community Housing Co compare to similar nonprofits?
With a transparency score of 65/100 (Good), Union Baptist Community Housing Co is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Union Baptist Community Housing Co located?
Union Baptist Community Housing Co is headquartered in Wilmington, Delaware and files with the IRS under EIN 222532020. It is classified under NTEE code L20.
How many years of IRS 990 filings does Union Baptist Community Housing Co have?
Union Baptist Community Housing Co has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $535K in total revenue.
What does Union Baptist Community Housing Co do?
Union Baptist Community Housing Co is a nonprofit organization in the Housing & Shelter sector, located in Wilmington, Delaware. It is classified under NTEE code L20.
How much revenue does Union Baptist Community Housing Co have?
Union Baptist Community Housing Co reported total revenue of $535,305. Based on 9 IRS 990 filings on record.
What are Union Baptist Community Housing Co's total assets?
Union Baptist Community Housing Co holds total assets of $1,667,316 as reported in IRS 990 filings.
Where is Union Baptist Community Housing Co located?
Union Baptist Community Housing Co is based in Wilmington, Delaware.
What is Union Baptist Community Housing Co's EIN?
Union Baptist Community Housing Co's Employer Identification Number (EIN) is 222532020. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Union Baptist Community Housing Co?
Union Baptist Community Housing Co is classified under NTEE code L20 (Housing & Shelter).
Is Union Baptist Community Housing Co a registered 501(c)(3)?
Yes, Union Baptist Community Housing Co is recognized as a tax-exempt organization by the IRS. EIN: 222532020.
Does Union Baptist Community Housing Co file IRS Form 990?
Yes, Union Baptist Community Housing Co has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Union Baptist Community Housing Co's revenue in 2023?
In the 202312 filing period, Union Baptist Community Housing Co reported total revenue of $534,889, total expenses of $615,732, and net assets of $1,646,448.
Is Union Baptist Community Housing Co's revenue growing or declining?
Union Baptist Community Housing Co's revenue is relatively stable. Revenue went from $530,877 (202212) to $534,889 (202312), a +0.8% change. Based on 9 filings on record.
What is Union Baptist Community Housing Co's most recent 990 filing?
The most recent IRS Form 990 filing for Union Baptist Community Housing Co covers tax period 202312. It shows revenue of $534,889, expenses of $615,732, total assets of $1,646,448, and liabilities of $2,452,085.
How much does Union Baptist Community Housing Co spend on programs vs administration?
Based on IRS 990 analysis, Union Baptist Community Housing Co allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Union Baptist Community Housing Co a trustworthy charity?
Based on AI analysis of IRS 990 data, Union Baptist Community Housing Co shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Union Baptist Community Housing Co?
The following concerns were identified: Total expenses consistently exceed revenue in recent years (e.g., 2023: revenue $534,889, expenses $615,732), indicating a reliance on reserves or other non-operating income.. Assets have shown a steady decline from $2,033,082 in 2016 to $1,646,448 in 2023, suggesting potential asset depreciation or divestment without significant reinvestment.. Liabilities have remained relatively stable and high compared to assets, with liabilities at $2,452,085 in 2023 exceeding total assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Union Baptist Community Housing Co's strengths?
Positive indicators for Union Baptist Community Housing Co include: Consistent revenue generation over the past seven years, averaging around $550,000 annually.. Stable operational presence in Wilmington, DE, as indicated by consistent annual filings.. Zero reported fundraising costs ('c0%') across all years, suggesting efficient fundraising or reliance on other funding mechanisms.. These findings are derived from AI analysis of the organization's financial filings.
How does Union Baptist Community Housing Co compensate executives?
Executive compensation cannot be assessed as no specific figures for salaries or benefits are provided in the available financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Union Baptist Community Housing Co?
- Financial data consistently reported over 7 years, indicating a stable reporting history. - No specific program details or impact metrics are readily available in the provided data, limiting a full understanding of their community housing initiatives. - Compensation details for key executives are not disclosed in the provided financial summaries. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of 'c0%' for fundraising costs, how does Union Baptist Community Housing Co primarily secure its funding to cover operational expenses, especially when expenses exceed revenue?
The consistent 'c0%' for fundraising costs suggests that the organization either relies heavily on grants, government subsidies, or direct donations that do not incur traditional fundraising expenses, or that these costs are absorbed into administrative overhead. The consistent deficit between revenue and expenses implies a reliance on accumulated reserves or non-operating income sources not detailed in the provided summary.
What is the long-term strategy for addressing the consistent decline in assets and the high level of liabilities relative to assets?
The provided data does not offer insight into the organization's strategy for managing asset depreciation or its liability structure. The consistent decline in assets from $2,033,082 in 2016 to $1,646,448 in 2023, coupled with liabilities exceeding assets, suggests a need for a clear financial plan to ensure long-term solvency and sustainability.
Filing History
IRS 990 filing history for Union Baptist Community Housing Co showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Union Baptist Community Housing Co's revenue has grown by 0.9%, moving from $530K to $535K. Total assets decreased by 21.6% over the same period, from $2.1M to $1.6M. Total functional expenses rose by 12.7%, from $546K to $616K. In its most recent filing year (2023), Union Baptist Community Housing Co reported a deficit of $81K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $1.6M in assets (debt-to-asset ratio: 148.9%), resulting in net assets of $-805,637.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $535K | $616K | $1.6M | $2.5M | — | — |
| 2022 | $531K | $566K | $1.7M | $2.5M | — | — |
| 2021 | $578K | $580K | $1.8M | $2.5M | — | — |
| 2020 | $575K | $583K | $1.8M | $2.5M | — | View 990 |
| 2019 | $572K | $563K | $1.8M | $2.5M | — | View 990 |
| 2018 | $557K | $539K | $1.8M | $2.5M | — | View 990 |
| 2017 | $556K | $551K | $2.0M | $2.7M | — | View 990 |
| 2016 | $542K | $545K | $2.0M | $2.7M | — | View 990 |
| 2015 | $530K | $546K | $2.1M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $535K, expenses of $616K, and assets of $1.6M (revenue +0.8% year-over-year).
- 2022: Revenue of $531K, expenses of $566K, and assets of $1.7M (revenue -8.2% year-over-year).
- 2021: Revenue of $578K, expenses of $580K, and assets of $1.8M (revenue +0.7% year-over-year).
- 2020: Revenue of $575K, expenses of $583K, and assets of $1.8M (revenue +0.5% year-over-year).
- 2019: Revenue of $572K, expenses of $563K, and assets of $1.8M (revenue +2.6% year-over-year).
- 2018: Revenue of $557K, expenses of $539K, and assets of $1.8M (revenue +0.2% year-over-year).
- 2017: Revenue of $556K, expenses of $551K, and assets of $2.0M (revenue +2.5% year-over-year).
- 2016: Revenue of $542K, expenses of $545K, and assets of $2.0M (revenue +2.3% year-over-year).
- 2015: Revenue of $530K, expenses of $546K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Baptist Community Housing Co:
Data Sources and Methodology
This transparency report for Union Baptist Community Housing Co is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.