First Baptist Childrens Academy Inc
Analysis
First Baptist Childrens Academy Inc is a registered charity in United States, based in Wauchula, FL. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, First Baptist Childrens Academy Inc reported income of $500k and spending of $407k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $425k to $500k (+18%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist Childrens Academy Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include North Brooklyn Coalition of Neighbors Helping Neighbors ($500k), Verde Valley Senior Citizens Assn Inc ($500k) and Wayne Winfield Area Youth Family Services ($500k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Other salaries and wages came to $293k. At year end it held assets of $427k against liabilities of $4,839, net assets of $422k. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.1%
- Program services 94%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Brooklyn Coalition of Neighbors Helping Neighbors | Brooklyn | $500k |
| Verde Valley Senior Citizens Assn Inc | Cottonwood | $500k |
| Wayne Winfield Area Youth Family Services | West Chicago | $500k |
| Agape International Inc | Medfield | $500k |