First Baptist Church of Sweetwater Texas Foundation Inc

Analysis

First Baptist Church of Sweetwater Texas Foundation Inc is a registered charity in United States, based in Sweetwater, TX. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Baptist Church of Sweetwater Texas Foundation Inc reported income of $129k and spending of $71k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $129k (+243%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Baptist Church of Sweetwater Texas Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Treasures of Life Academy Inc ($129k), Capitol Hill Cooperative Nursery School ($129k) and Batavia Bulldog Boosters Organization Inc ($129k).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.