The net worth, or more accurately, the net assets, of Baps Charities Inc. is $22,180,246.
For non-profit organizations such as Baps Charities Inc., the term "net worth" is typically referred to as "net assets." Net assets represent the total assets of the organization minus its total liabilities, providing a clear picture of its financial health and the resources available to fulfill its mission.
Understanding Net Assets
Net assets are a crucial financial indicator for non-profits, demonstrating the accumulated resources that the organization has at its disposal after accounting for its debts. This figure is vital for assessing the organization's financial stability and its capacity to sustain its operations and programs.
The financial breakdown for Baps Charities Inc. is as follows:
| Financial Metric | Amount |
|---|---|
| Total Assets | $22,331,646 |
| Total Liabilities | $151,400 |
| Net Assets | $22,180,246 |
This data indicates that Baps Charities Inc. holds a significant amount in assets, with relatively low liabilities, resulting in robust net assets that support its charitable activities and operational goals.
